Gold Price in Mumbai Today

Live 24K, 22K and 21K rates for Mumbai, India. Updated every hour.

Live Updated:

Live gold rate in Mumbai, India — 24K, 22K, 21K. Last updated 15 June 2026 at 21:42 IST.
Karat / Unit24K Price22K Price21K Price
Per Gram₹13,565₹12,435₹11,870
Per Tola (11.6638 g)₹1,58,222₹1,45,037₹1,38,444
Per 10 Grams₹1,35,652₹1,24,348₹1,18,696
Last Updated: 15 June 2026 at 21:42 IST · Source: international spot × USD/INR + local premium
International spot
$4353.60 / oz
USD exchange rate
1 USD = 95.18 INR

About today's rate in Mumbai

The rates above are calculated from the international spot price of gold, converted to INR at today's exchange rate, with the standard India local market premium and a small Mumbai-specific adjustment for transport and local association costs. Final invoice prices at a jeweller will typically add making charges and applicable tax — especially on ornaments — so always confirm the day's official rate in writing before you buy.

22K rates are exactly 91.67% of 24K (the 22/24 ratio). Tola conversions use the standard 11.6638 grams per tola, and 10-gram conversions are direct.

Mumbai gold rate — FAQs

What is the difference between 22K and 24K gold in Mumbai?

24K gold is 99.9% pure and used mainly for investment bars and coins. 22K gold is 91.67% pure (22 parts gold, 2 parts alloy) and is the standard for jewelry in Mumbai, India because it is harder and more durable for daily wear.

How is today's gold rate in Mumbai calculated?

The rate is derived from the international spot price (USD per troy ounce) converted to INR at the live USD exchange rate, plus a fixed local market premium per 10 grams. It refreshes every hour.

Why does the gold price in Mumbai change daily?

Gold prices change every minute on the global market, driven by USD strength, central bank demand, inflation, and geopolitical risk. The India retail rate also moves with the USD/INR exchange rate, so even a stable spot price can shift the local rate.

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