Gold Price in mumbai (18th May 2026)
₹16,229.06
/Gram
-12.71
The best gold prices available today in India can be found in stores that are up to 300 years old and have been handed down from generation to generation. Before purchasing gold, make sure to check Mumbai's current gold rate.
Today 24 Carat Gold Price Per Gram in mumbai (INR)
| Gram | 24K Today | 24K Yesterday | Price Change |
|---|---|---|---|
| 1 | ₹16,229.06 | ₹16,241.77 | -12.71 |
| 8 | ₹1,29,832.48 | ₹1,29,934.16 | -101.68 |
| 10 | ₹1,62,290.6 | ₹1,62,417.7 | -127.1 |
| 100 | ₹16,22,906 | ₹16,24,177 | -1,271 |
The above gold rates are indicative and do not include GST, TCS and other levies. For the exact rates contact your local jeweller.
Gold Rate in mumbai for Last 10 Days (1 g)
| Date | 24K Today |
|---|---|
| 18 May | ₹16,229.06 -12.71 |
| 16 May | ₹16,241.77 10.13 |
| 15 May | ₹16,231.64 -18.16 |
| 14 May | ₹16,249.8 -537.87 |
| 13 May | ₹16,787.67 1,400.54 |
| 12 May | ₹15,387.13 112.32 |
| 11 May | ₹15,274.81 14.48 |
| 8 May | ₹15,260.33 -19.64 |
| 7 May | ₹15,279.97 145.47 |
| 6 May | ₹15,134.5 225.27 |
Gold Price History in mumbai
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Indian Major Cities Gold Rates Today
FAQ'S on Gold Price in Mumbai
How is the gold price fixed in Mumbai?
The price of gold in Mumbai is fixed by the Indian Bullion Association, with additional influences including demand and supply dynamics, inflation, and the exchange rate between the dollar and the rupee.
What are the taxes charges on Gold purchase in Mumbai?
On the purchase of gold in Mumbai, 3% GST is levied, while 5% GST is levied on making charges.
How to check the purity of gold in Mumbai?
Purity of gold in Mumbai is tested with the hallmark test. A stamped hallmark confirms its purity, indicating the gold's karat level, which must be certified by the BIS.
What are the factors affecting Gold prices in Mumbai?
Numerous elements have a considerable impact on the price of gold in Mumbai. Economic measures like inflation rates, interest rates, and currency variations directly influence the market dynamics of gold's demand and supply.
When is the best time to sell gold in Mumbai?
Consider selling your gold in Mumbai when market rates are elevated, as this allows you to maximize the returns on your investment.
How gold is weighed generally in Mumbai?
In Mumbai, gold is generally weighed in grams and can also be measured using the unit 'tola,' which equals ten grams of gold.
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