Gold Rate Latest in Mumbai — 22K & 24K Price
City gold rates for 22 carat, 24 carat and 18 carat gold for Mumbai, Maharashtra — per gram and per 10 grams, with local buying guidance.
The gold rate in Mumbai is ₹1,28,150 per 10 grams for 22 carat (916 hallmark) and ₹1,39,800 per 10 grams for 24 carat. Per gram that is ₹12,815 for 22K and ₹13,980 for 24K.
22 carat gold rate in Mumbai
₹12,815/ gram
₹12,815 per gram · 24K ₹1,39,800 / 10g
| Purity | Per 10 grams | Per gram |
|---|---|---|
| 24 Carat (999)Purest form — coins, bars, investment | ₹1,39,800 | ₹13,980 |
| 22 Carat (916)Hallmark jewellery gold | ₹1,28,150 | ₹12,815 |
| 18 Carat (750)Studded and lightweight jewellery | ₹1,04,850 | ₹10,485 |
How the Mumbai Gold Rate Is Arrived At
This page displays 24K, 22K and 18K gold prices per gram and per 10 grams. We preserve those per-gram prices and multiply by ten only when showing a 10-gram value. GST, TCS, making charges and other levies are excluded. No MCX futures conversion or assumed city premium is applied.
Four things move the number day to day: the dollar gold price, which reacts to interest rates and geopolitical risk; the rupee, since a weaker rupee raises the rate even when dollar gold is flat; import duty, which changes with the Union Budget; and local demand, which rises sharply through the wedding season and around Akshaya Tritiya and Dhanteras.
Making charges are separate. They are set per design, not per city, and usually run between 8% and 25% of the metal value — more for intricate work. Two jewellers quoting the same Mumbai rate can still hand you very different bills, so it is worth comparing making charges and asking about wastage before buying.
Buying Gold in Mumbai: What to Check
- Look for the BIS hallmark and the HUID. Since 2021 hallmarking is mandatory for most gold jewellery, and the six-digit HUID is what lets you verify a piece independently.
- 916 means 22 carat. The stamp is the purity in parts per thousand, so 916 is 91.6% gold. 750 is 18 carat.
- Ask for making charges as a number, not a percentage, and ask whether wastage is charged on top.
- Get a GST invoice. It is your proof of purity and purchase, and you will need it if you ever sell or exchange the piece.
- Compare the buy-back terms before you buy, not after. They vary widely between jewellers.
- If it is an investment rather than an ornament, compare against Sovereign Gold Bonds and gold ETFs — neither carries making charges or storage risk.
Gold Rate in Other Cities
| City | 24 Karat (24K) | 22 Karat (22K) | 18 Karat (18K) |
|---|---|---|---|
| Gold Rate in Bengaluru | ₹13,980 | ₹12,815 | ₹10,485 |
| Gold Rate in Chennai | ₹13,980 | ₹12,815 | ₹10,490 |
| Mumbai | ₹13,980 | ₹12,815 | ₹10,485 |
| Gold Rate in Delhi | ₹13,995 | ₹12,835 | ₹10,500 |
| Gold Rate in Kolkata | ₹13,980 | ₹12,815 | ₹10,485 |
| Gold Rate in Ahmedabad | ₹13,985 | ₹12,820 | ₹10,490 |
| Gold Rate in Amaravati | ₹14,197 | ₹13,014 | ₹10,648 |
| Gold Rate in Amravati | ₹14,197 | ₹13,014 | ₹10,648 |
| Gold Rate in Amritsar | ₹14,212 | ₹13,029 | ₹10,663 |
| Gold Rate in Anantapur | ₹14,197 | ₹13,014 | ₹10,648 |
Frequently Asked Questions
24K gold is ₹13,980, 22K at ₹12,815, and 18K at ₹10,485 per gram for Mumbai. These indicative rates exclude GST, TCS, making charges and other levies.
The 24 carat (99.9% pure) gold rate in Mumbai today is ₹13,980 per gram (₹₹1,39,800 per 10 grams), excluding local jeweller making charges and 3% GST.
The 22 carat (91.6% pure BIS hallmark) gold price in Mumbai is ₹12,815 per gram (₹₹1,28,150 per 10 grams). Always verify the 6-digit HUID code before purchase.
In Mumbai, 1 gram of 24K pure gold costs ₹13,980, 1 gram of 22K jewellery gold costs ₹12,815, and 1 gram of 18K gold costs ₹10,485.
No. City rates exclude GST (3%), TCS and other levies. Making charges and wastage also depend on your jeweller. Confirm the final invoice before buying.
City gold rates differ due to local transport costs, state-level taxes, bullion association tariffs, and local festival or wedding demand.
The silver rate today for Mumbai is ₹181.84 per gram and ₹₹1,81,839.29 per kilogram.
No. These are indicative published rates, not a guaranteed buy or sell quotation. A jeweller may quote a different rate and additional charges.
Invest in gold without making charges
Gold ETFs and Sovereign Gold Bonds track the gold price without making charges, storage risk or purity doubt.
Disclaimer
Investments in the securities market are subject to market risks. ATS Share Brokers Pvt Ltd — SEBI Registration No. INZ000205136.