Gold Rate Today in Mumbai — 7 July 2026
Today's 24K gold rate in Mumbai is ₹14,394 per gram and 22K is ₹13,185 per gram, down ₹182 from yesterday.
Last updated: 11:20 am IST, 7 July 2026
| Weight | Today | Yesterday | Change |
|---|---|---|---|
| 1 gram | ₹13,185 | ₹13,352 | −₹167 |
| 8 grams | ₹1,05,478 | ₹1,06,812 | −₹1,335 |
| 10 grams | ₹1,31,847 | ₹1,33,515 | −₹1,668 |
| 100 grams | ₹13,18,470 | ₹13,35,153 | −₹16,683 |
| Weight | Today | Yesterday | Change |
|---|---|---|---|
| 1 gram | ₹14,394 | ₹14,576 | −₹182 |
| 8 grams | ₹1,15,150 | ₹1,16,607 | −₹1,457 |
| 10 grams | ₹1,43,938 | ₹1,45,759 | −₹1,821 |
| 100 grams | ₹14,39,378 | ₹14,57,591 | −₹18,213 |
Detailed purity pages: 22 carat gold rate in Mumbai · 24 carat gold rate in Mumbai
Estimate a jewellery price in Mumbai
Full breakdown and buying tips in the jewellery price calculator.
Buying gold in Mumbai
Mumbai is the price-setting centre of India's bullion trade. A large share of the country's imported gold lands here, and the wholesale rates agreed in its markets ripple out to jewellers across western India, so retail quotes in the city sit very close to the national benchmark.
Zaveri Bazaar in Kalbadevi has been the city's gold hub for over a century, packed with bullion dealers, wholesale workshops and heritage jewellery houses within a few lanes. Retail buyers also shop along Dadar West's Ranade Road, in Borivali and Ghatkopar's market stretches, and at large-format showrooms in Bandra and Lower Parel malls.
Making charges in Mumbai typically run 8–14% at branded showrooms and somewhat lower for plain machine-made chains and bangles in Zaveri Bazaar, where prices are negotiable. Antique, jadau and handmade pieces command more. Always ask for the rate, making charge and GST as separate line items on the estimate.
Dhanteras and Diwali are the city's biggest buying days, with Gudi Padwa and Akshaya Tritiya close behind — expect crowded showrooms and pre-booking offers around all four. The wedding trousseau rush peaks from November to February and again in April–May.
Frequently asked questions
What is the gold rate today in Mumbai?
Today's gold rate in Mumbai is ₹14,394 per gram for 24K gold and ₹13,185 per gram for 22K gold. For 8 grams (one sovereign), that is ₹1,05,478 in 22K.
Why does the gold rate in Mumbai differ slightly from other cities?
The base price of gold is national — international spot price, rupee exchange rate and import levies. Small city-level differences come from local jewellers' association rates, transport and handling costs, and dealer-level demand in Maharashtra. The difference is usually a few rupees per gram.
Is GST included in the Mumbai gold rate shown here?
No — like jewellers' board rates, these prices are before tax. When you buy jewellery, 3% GST applies on the gold value plus making charges.
How often is the gold rate in Mumbai updated?
Rates refresh every 10 minutes through the Indian trading day, and the exact time of the latest update is shown at the top of this page.
Related rates
See the silver rate in Mumbai, compare with the national gold rate, or track the gold rate history in Mumbai. Tools: jewellery price calculator, old gold value and gold loan per gram.