Gold Rate in Mumbai — Today's Complete Guide
The gold rate in Mumbai today for 24 Karat is ₹1,52,750 per 10 grams and 22 Karat gold is priced at ₹1,40,011 per 10 grams. Silver is trading at ₹1,00,200 per kg. These prices are updated every 5 minutes.
Gold prices in Mumbai are influenced by international gold rates (LBMA), the USD/INR exchange rate, import duty (15%), GST (3%), and local market demand. During wedding season (October to February), gold demand in Mumbai increases, often pushing prices slightly higher.
How to Buy Gold in Mumbai
- Physical Gold — Visit reputed jewellers like Tanishq, Kalyan, PNG in Mumbai
- Digital Gold — Buy from ₹1 on Google Pay, PhonePe, or Paytm
- Gold ETFs — Trade on NSE/BSE through your demat account
- Sovereign Gold Bonds — Government-backed, 2.5% annual interest