Key takeaways
The gold rate today in Mumbai is affected by both global and local factors.
Tracking historical gold prices in Mumbai helps you spot long-term trends and understand how prices have moved over time. It also reveals seasonal patterns, global influences, and shifts in local demand is useful to know before buying jewellery or investing.
| Year | Price: 24K per 10 grams |
| 2025 | Rs. 1,05,000 to Rs. 1,30,000 |
| 2024 | Rs. 77,913 |
| 2023 | Rs. 65,330 |
| 2022 | Rs. 52,670 |
| 2021 | Rs. 48,720 |
| 2020 | Rs. 48,651 |
| 2019 | Rs. 35,220 |
| 2018 | Rs. 31,438 |
| 2017 | Rs. 29,667.50 |
Prices of gold in Mumbai are subject to change daily. The current rate of gold in Mumbai is dependent upon various international prices, performance of the rupee, taxation, and need in local market. All of these factors will impact the cost of getting jewellery, coins, or bars.
In case you are considering checking today’s gold rate in Mumbai for taking a gold loan, then don’t forget that the value of the loan is also affected by the purity of gold, its evaluation, and LTV limits.
Make the most of your hallmarked gold by putting its verified purity to work. Check your gold loan eligibility today and access quick funds against your gold jewellery, ornaments or coins with complete transparency and security.
The rate of gold in Mumbai depends on the purity of the gold. Though 24K gold is the purest and is mostly used for investment purposes, 22K and 18K gold are preferred choices for jewellery because they are more durable. Thus, knowing the prices of 24K, 22K and 18K gold rates in Mumbai enables the customer to compare prices and decide adequately.
| Feature | 18K | 22K | 24K |
| Purity | 75% | 91.6% | 99.9% |
| Best for | Daily wear | Jewellery | Investment |
| Durability | Highest | High | Lower |
| Gold content | Lower | Higher | Highest |
| Common use | Modern jewellery | Wedding jewellery | Coins and bars |
Checking gold purity helps you know whether the gold you are buying is genuine and matches the stated karat value. Here are some simple ways to check it:
Checking purity can also help you compare it better with the gold live rate in Mumbai.
You can estimate your gold's value by using its weight, purity, and the gold rate today in Mumbai.
Formula:
Gold value = Weight of gold × Gold rate per gram × Purity percentage
Example: If you have 10 grams of 22K gold and the 22K rate is Rs. 7,000 per gram:
10 × Rs. 7,000 = Rs. 70,000
This gives you an approximate gold value before other applicable considerations.
Want to know how much you may be eligible to borrow? Check your gold loan eligibility.
Gold can be invested in different ways depending on your needs. Physical gold includes jewellery, coins, and bars, but it may involve storage, security, and making costs. Gold ETFs let you invest in gold prices without holding the metal. Sovereign Gold Bonds are government securities linked to the gold rate in India and also offer periodic interest. You can compare sovereign gold bond interest rates before investing.
Gold prices in Mumbai can affect how much you may be able to borrow against your gold. When gold prices rise, the value of eligible gold may also increase, which can lead to a higher loan amount. If prices fall, the eligible loan amount may be lower. The final amount also depends on gold purity, valuation, and the applicable gold rate and LTV limit.
Your eligible loan amount depends on the value of the gold you pledge and the applicable lending rules. Lenders assess your gold before deciding how much you can borrow.
Before applying, check the today’s gold loan rate in Mumbai, your eligibility, and the value of the gold you plan to pledge. Bajaj Finance Gold Loan offers several features that can make borrowing against gold more convenient.
Use the gold loan calculator to estimate your interest repayment schedule. Review the loan amount, interest rate, repayment terms, and applicable charges before you apply for a Bajaj Finance Gold Loan.
Quick tip: Manage planned to urgent expenses with ease. Check your gold loan eligibility now and make your gold work for your needs.
| Gold rate in Punjab | Gold rate in Rajasthan | Gold rate in Chandigarh |
| Gold rate in Bihar | Gold rate in Delhi | Gold rate in Telangana |
| Gold rate in Gujarat | Gold rate in Puducherry | Gold rate in Uttar Pradesh |
| Gold rate in Ahmedabad | Gold rate in Patna | Gold rate in Lucknow |
| Gold rate in Coimbatore | Gold rate in Kolkata | Gold rate in Agra |
| Gold rate in Jaipur | Gold rate in Indore | Gold rate in Kochi |
The gold price in Mumbai is determined mainly by the Indian Bullion Association and various other factors like supply and demand dynamics, global economic conditions, currency fluctuations, and geopolitical tensions. Local jewellers and dealers in Mumbai then adjust their prices accordingly.
Gold prices in Mumbai change regularly based on international gold prices, currency movements, import duties, and local demand. Rates may rise or fall from one day to the next, so tracking recent price trends can help buyers decide the right time to purchase gold.
The gold price in Mumbai changes frequently due to factors such as international gold market trends, currency exchange movements, inflation, and local demand. Global economic conditions and seasonal buying during weddings or festivals can also influence daily gold price fluctuations in the city.
To find the current rate of 1 gram of gold in Mumbai, you can use a gold value calculator available on financial news websites or jeweller platforms. These calculators provide real-time prices based on market conditions. As gold prices fluctuate daily due to various factors like demand, supply, and economic conditions, using a gold value calculator ensures you get the most accurate and updated rate for 1 gram of gold in Mumbai.
The price of 22k (916) gold in Mumbai fluctuates daily based on market conditions. It is important to check reliable sources such as local jewellers or financial websites for the latest rate to ensure you're making informed purchasing decisions.
The 24k (99.9) gold price in Mumbai changes frequently due to factors like global gold rates and local demand. To stay updated, regularly check trusted platforms or jewellers offering live updates on gold prices in the city.
Gold prices in Mumbai are often competitive because the city is a major gold trading hub in India. However, the price difference compared to other cities is usually small and may vary due to local demand, transportation costs, and jeweller pricing practices.
The gold rate today in Mumbai depends on the latest market prices and varies by purity, such as 24K, 22K, and 18K gold. Check the live gold rate before buying jewellery, coins, or bars to get the most up-to-date price.
Disclaimer
Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.
