Gold Rate in Mumbai Today
Live 22K, 24K & 18K gold and silver rate in Mumbai, Maharashtra — per gram, sovereign & 10 grams, with day change and free calculators. Wednesday, 12 August 2026.
Gold Rate Today in Mumbai (22K & 24K)
| Weight | 22K Gold | 24K Gold |
|---|---|---|
| 1 gram | ₹13,696 | ₹14,941 |
| 8 gram (1 Pavan / Sovereign) | ₹1,09,570 | ₹1,19,530 |
| 10 gram | ₹1,36,962 | ₹1,49,413 |
| 100 gram | ₹13,69,620 | ₹14,94,131 |
What Drives the Gold Rate in Mumbai?
The gold rate in Mumbai follows the same national fundamentals as the rest of India — the international spot price in US dollars, the rupee-dollar exchange rate, and import duty plus 3% GST. On top of that, Mumbai adds its own local layer: transport and insurance to bring bullion into the city, the margins of local jewellers and bullion associations, and demand from Maharashtra buyers. That is why the Mumbai price can differ by a few rupees per gram from a neighbouring city on the same day.
Western India is a major hub for gold trading and jewellery manufacturing, so retail rates here are keenly watched. Because these local factors shift with festivals, weddings and seasonal demand, the Mumbai gold rate is refreshed here every day so you always compare against a current benchmark before visiting a showroom. Buyers in Mumbai usually quote gold per gram and per 10 grams; an 8-gram sovereign of 22K gold works out to about ₹1,09,570 today.
Mumbai Gold Value Calculator (with GST)
Enter weight, purity and making charges to see the real out-the-door price in Mumbai.
Tips for Buying Gold in Mumbai
Before you buy gold jewellery or coins in Mumbai, keep four things in mind. One — insist on hallmarking. Only buy BIS-hallmarked gold with a 6-digit HUID and verify it in the BIS CARE app; this guarantees the 22K (916) or 24K (999) purity you are paying for. Two — check the making charges separately. Mumbai jewellers quote making charges as a percentage of gold value or a flat rate per gram, and both attract 3% GST. Use the calculator above to separate the metal cost from the making charge so you can negotiate the right number.
Three — compare the day's rate. The board rate shown at a Mumbai showroom should be close to today's benchmark above; if it is far higher, ask why. Four — buy for purpose. Choose 24K coins or Sovereign Gold Bonds for investment, 22K for traditional Maharashtra jewellery, and 18K for lightweight or studded designs. If you are simply saving, digital gold and SGBs let you accumulate gold in Mumbai without making charges or storage worries.
Gold Loan Estimator — Mumbai
Banks and NBFCs in Mumbai lend up to ~75% of your gold's value. Estimate your amount below.
Gold Rate Trend in Mumbai
| Date | 22K | 24K | Silver |
|---|---|---|---|
| 12 Aug | ₹13,696 | ₹14,941 | ₹217 |
Gold Rate in Nearby Cities
Gold Rate in Mumbai — FAQ
What is the gold rate today in Mumbai?
Today (Wednesday, 12 August 2026) 22K gold in Mumbai is about ₹13,696 per gram and 24K about ₹14,941 per gram. 10 grams of 22K is around ₹1,36,962.
What is 1 pavan / sovereign of gold in Mumbai today?
1 pavan (sovereign) is 8 grams. In Mumbai today, 8g of 22K gold is about ₹1,09,570.
What is the 916 gold rate in Mumbai?
916 means 22 carat (91.6% pure). The 916 hallmark gold rate in Mumbai today is about ₹13,696 per gram.
Does the Mumbai gold rate include GST?
The displayed rate reflects the metal price. On purchase you pay 3% GST on gold value and 3% on making charges — use the calculator above for the final Mumbai price.
How much gold loan can I get in Mumbai?
Lenders in Mumbai offer up to ~75% of your gold's value (RBI cap). Try the estimator above with today's rate.
Is the gold rate the same across Maharashtra?
It is very close, but small differences of a few rupees per gram exist between cities due to local transport and dealer margins. Always confirm with your Mumbai jeweller.