Today's Gold Rate in Mumbai

The table can help you understand the gold price today in Mumbai.

Disclaimer: The 24-carat gold rate in Mumbai is approximate and does not include the GST. Contact your jeweller to know the exact rate.

While gold rates in Mumbai have been increasing continuously, this month is comparatively stable. Considering the precious metal’s popularity and the yield, investing in gold is one of the safest options.

Check the table to get an idea of the gold rate in Mumbai for the last 5 days.

Gold price in Mumbai with fluctuations in the last few days, is shown below:

The Goods and Service Tax impacts several commodities, including gold. Note that GST on gold is applicable while manufacturing and selling. So, before you purchase gold, you have to understand the gold GST rates.

After implementing GST on gold, there is a net increase of approximately 0.75% in gold rates in Mumbai. Simply put, when you purchase jewellery, GST is levied on the making charges.

However, you may avoid this if you purchase new gold jewellery in exchange for old items. To help you understand the GST impact on gold rates in a simplified manner, check out the table below:

From the table above, it is clear that approximately 5% of GST is levied on making charges. So, after the implementation of GST on gold, the cost of the metal has increased. As a result, the demand for gold has decreased.

Gold prices in Mumbai continued their upward trend in April 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 30th of April.

Gold Prices on 1st April 2025

• 22-Karat Gold: ₹8,510 per gram
• 24-Karat Gold: ₹9,290 per gram

Gold Prices on 30th April 2025

• 22-Karat Gold: ₹8,980 per gram
• 24-Karat Gold: ₹9,803 per gram

Highest Gold Price in April 2025

The highest recorded price of gold during the month was on 20th April 2025:

• 22-Karat Gold: ₹9,290 per gram
• 24-Karat Gold: ₹10,142 per gram

Lowest Gold Price in April 2025

The lowest recorded price of gold during the month was on 3rd April 2025:

• 22-Karat Gold: ₹8,225 per gram
• 24-Karat Gold: ₹8,979 per gram

Overall Performance

Gold prices in Mumbai experienced a significant increase in April 2025. The percentage change for both 22-karat and 24-karat gold was approximately +5.5%.

Gold prices in Mumbai continued their upward trend in March 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 31th of March.

Gold Prices on 1st March 2025

• 22-Karat Gold: ₹7,940 per gram
• 24-Karat Gold: ₹8,662 per gram

Gold Prices on 30th March 2025

• 22-Karat Gold: ₹8,425 per gram
• 24-Karat Gold: ₹9,198 per gram

Highest Gold Price in March 2025

The highest recorded price of gold during the month was on 31th March 2025:

• 22-Karat Gold: ₹8,425  per gram
• 24-Karat Gold: ₹9,191 per gram

Lowest Gold Price in March 2025

The lowest recorded price of gold during the month was on 1rd March 2025:

• 22-Karat Gold: ₹7,940 per gram
• 24-Karat Gold: ₹8,662 per gram

Overall Performance

Gold prices in Mumbai experienced a moderate increase in March 2025. The percentage change for both 22-karat and 24-karat gold was approximately +6.11%.

Gold prices in Mumbai continued their upward trend in February 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 28th of February.

Gold Prices on 1st February 2025

• 22-Karat Gold: ₹7,745 per gram
• 24-Karat Gold: ₹8,464 per gram

Gold Prices on 28th February 2025

• 22-Karat Gold: ₹7,960 per gram
• 24-Karat Gold: ₹8,684 per gram

Highest Gold Price in February 2025

The highest recorded price of gold during the month was on 25th February 2025:

• 22-Karat Gold: ₹8,075 per gram
• 24-Karat Gold: ₹8,809 per gram

Lowest Gold Price in February 2025

The lowest recorded price of gold during the month was on 3rd February 2025:

• 22-Karat Gold: ₹7,705 per gram
• 24-Karat Gold: ₹8,405 per gram

Overall Performance

Gold prices in Faridabad experienced a moderate increase in February 2025. The percentage change for both 22-karat and 24-karat gold was approximately +2.77%.

Mumbai, the commercial capital of India, has been the crucial centre for all commercial activities, with gold being no exception. The city has stood the test of time for being the starting point of gold trade (bullion) and a hub for most investors.

Today, the city is packed with gold sellers and dealers. The gold rate in Mumbai follows the same trend as that of the international gold price. Staying updated with Today Gold Rate in Maharashtra can help investors and buyers make informed decisions.
 

So, buyers looking to purchase gold in Mumbai can expect prices to vary, depending on various factors that include:

• Purity of gold

• Availability and supply in the market

• Value of the rupee vs the dollar

• Global prices

• Commodity indices

However, the gold rate in Mumbai has been relatively stable this year. To know more about the gold rate today in Mumbai and factors affecting the 24-carat gold rate in Mumbai, read on.

A gold rate calculator helps you quickly estimate the 18-carat gold rate in Mumbai or the prices for 22 and 24-carats. This online tool calculates the rates based on gold units such as ounce, kilo, tola or gram.

Here are a few crucial elements a gold rate calculator uses to check rates:

• Purity of the gold expressed in carat

• Hallmark symbol present in the gold

• Gold rates in the international market

All you have to do is enter the weight of the gold in the calculator and select the number of carats. Then, choose the currency, and you are good to go! You get the gold rate within seconds on your screen.

Having prior knowledge of gold is important before investing your hard-earned money. In addition, you must have a clear understanding when transacting with this precious commodity, whether online or offline.

As your investment is significant, do due diligence and research when investing in gold.

Purity is the first thing that comes to mind. For instance, 22-carat gold jewellery is the most sold jewellery in Mumbai. So, the first thing you have to consider is what the gold rate in Mumbai is on that particular day.

As gold rates in Mumbai fluctuate daily, it is ideal to trust websites like Bajaj Markets, which provides reliable gold rates in Mumbai.

The next critical factor to look for is the BIS hallmark on any gold you buy. If you are buying gold jewellery for the first time, be aware that the Government of India issues the BIS hallmark.

The BIs hallmark is crucial to check as it certifies that the gold is as pure as the carats stated on it. Furthermore, as mentioned earlier, you have to consider the manufacturing or wastage costs when purchasing gold jewellery.

Note that every jeweller can charge you for this. So, it is preferable to enquire about the charges from the jeweller or check it on the bill.

The manufacturing or wastage charges are the same for any jewellery. So, make sure you know how much the jeweller has charged you before making the final payment.