24K price performance
▲ Up ₹574.56 (+3.8%) over 31 days
Mumbai, Maharashtra, India
Gold Price
24K per gram
₹15,622.00
22K per gram
₹14,320.00
18K per gram
₹11,717.00
Last rate update: Mon, Jun 1, 2026 5:35 PM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹15,622.00 |
| Weight in grams | 10.000 |
| Gold value | ₹1,56,220.00 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹4,686.60 |
| Total | ₹1,56,220.00 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 01, 2026 | ₹15,667.56 | Verified |
| May 31, 2026 | ₹15,704.00 | Verified |
| May 30, 2026 | ₹15,722.75 | Verified |
| May 29, 2026 | ₹15,708.04 | Verified |
| May 28, 2026 | ₹15,686.66 | Verified |
| May 27, 2026 | ₹15,850.25 | Verified |
| May 26, 2026 | ₹15,906.35 | Verified |
| May 25, 2026 | ₹15,926.42 | Verified |
| May 24, 2026 | ₹15,906.00 | Verified |
| May 23, 2026 | ₹15,919.43 | Verified |
In Mumbai, Maharashtra, as of 14 May 2026, gold prices for 24-karat purity stand at approximately ₹16,233 per gram, with 22-karat at ₹14,880 and 18-karat at ₹12,175. Gold remains a popular investment and jewelry choice among residents of Mumbai, reflecting both cultural significance and economic stability. The recent market trend shows fluctuations over the past month, with prices gradually increasing from around ₹15,000 in early April to the current levels. These variations are influenced by global economic factors, currency fluctuations, and local demand. Whether you're buying gold for investment, gifting, or personal adornment, understanding current rates and market dynamics in Mumbai can help you make informed decisions. It's important to stay updated with the latest prices and market movements, especially given the recent upward trend in gold prices. Always consider your financial goals and consult with trusted dealers to ensure authenticity and fair pricing when purchasing gold in Mumbai.
Market
Market pulse
Gold prices in Mumbai have shown a steady upward trend as of mid-May 2026, reaching over ₹16,200 per gram for 24-karat purity. This increase reflects a broader market rally influenced by global economic factors and local demand. Despite some fluctuations, the overall momentum suggests sustained interest in gold as a safe-haven asset. Investors and buyers in Mumbai should monitor market movements closely, especially given recent price surges. Gold continues to be a preferred choice for wealth preservation and jewelry purchases, with the current market conditions favoring buyers who act promptly. Keep an eye on international trends and currency movements, as these can impact local gold prices in Mumbai.
Guide
Buyer playbook
When buying gold in Mumbai, start by researching current market rates for different purities, especially noting the latest prices for 24K, 22K, and 18K gold. Always verify the purity markings and authenticity of the gold, preferably through trusted and certified dealers. Compare prices across multiple vendors to ensure you're getting a fair deal, considering the recent upward trend in prices. Decide whether you're purchasing for investment or jewelry, as this can influence the purity and type of gold you choose. Be aware of additional costs such as making charges or taxes that may apply. Keep documentation of your purchase for future reference or resale. Lastly, consider the timing of your purchase; market fluctuations can present buying opportunities or risks, so staying informed about recent trends can help you make well-informed decisions in Mumbai.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Confirm dealer credentials.
- Compare prices from multiple vendors.
- Review additional costs like making charges.
- Keep purchase documentation.
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FAQ
Frequently asked questions
What is the current price of 24K gold in Mumbai?
As of 14 May 2026, 24-karat gold in Mumbai is approximately ₹16,233 per gram.
How can I verify the purity of gold in Mumbai?
Check for official purity markings and buy from trusted, certified dealers to ensure authenticity.
Are there additional costs when buying gold in Mumbai?
Yes, additional costs such as making charges, taxes, or premiums may apply depending on the seller and type of gold.
Is it better to buy gold now or wait?
Gold prices have been trending upward recently, but market fluctuations are common. Stay informed about current trends to decide the best time for your purchase.
Where can I buy gold securely in Mumbai?
Purchase from reputable jewelers, authorized dealers, or certified gold shops to ensure safety and authenticity.
How do recent market trends affect gold investment in Mumbai?
The recent upward trend suggests increased interest, but market fluctuations mean it's important to monitor prices and market conditions before investing.