Gold rate today in Mumbai (3 November 2026): 24K gold is ₹1,39,640 and 22K gold is ₹1,28,000 per 10 grams. See all-India gold rates
Gold Rate per Gram in Mumbai Today
| Purity | 1 gram | 8 grams | 10 grams |
|---|---|---|---|
| 24K | ₹13,964 | ₹1,11,712 | ₹1,39,640 |
| 22K | ₹12,800 | ₹1,02,400 | ₹1,28,000 |
| 18K | ₹10,473 | ₹83,784 | ₹1,04,730 |
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Mumbai Gold Price per 10 Gram Today
| 24K Gold (999 purity) | ₹1,39,640 |
| 22K Gold (916 purity) | ₹1,28,000 |
What is the gold rate today in Mumbai?
As of 3 November 2026, the gold rate in Mumbai is ₹13,964 per gram for 24K gold (₹1,39,640 per 10 grams), ₹12,800 per gram for 22K gold (₹1,28,000 per 10 grams), and ₹10,473 per gram for 18K gold (₹1,04,730 per 10 grams).
Why does the gold price differ between cities?
In Mumbai, a small difference from other cities reflects the city’s own market conditions rather than a different underlying price. Mumbai is India’s financial capital and a primary entry point for bullion imports, and its trade is anchored by the historic Zaveri Bazar in South Mumbai. Local taxes, transport and handling costs, and varying jeweller margins around that market can therefore nudge the local figure, while the underlying international gold rate used as the base remains the same across India.
How often do gold rates change in Mumbai?
Gold rates in Mumbai are revised every day by bullion traders and jewellers, following movements in international gold prices and the rupee exchange rate. Rates can also move during the day when markets are volatile.
Gold rate change in Mumbai: yesterday vs today (per 10 grams)
| Purity | Yesterday (2 November 2026) | Today (3 November 2026) | Change |
|---|---|---|---|
| 24K | ₹1,39,370 | ₹1,39,640 | +₹270 |
| 22K | ₹1,27,750 | ₹1,28,000 | +₹250 |
| 18K | ₹1,04,530 | ₹1,04,730 | +₹200 |
How our Mumbai rates are compiled
Our Mumbai rates are updated daily. The benchmark follows IBJA rates as reported by Goodreturns, and the Mumbai figures include the city’s market premium over the benchmark. If a rate is found to be wrong, it is corrected with a fresh timestamp.
Sources checked for today’s rates: Goodreturns daily gold rates (Goodreturns — Gold Rate Today). City tiers are cross-checked against the same source; jeweller association rates may vary slightly by shop.
Last updated: 3 November 2026.For more prices and updates, visit Latest Price List India.
Gold Trade and Bullion Market in Mumbai
Mumbai serves as the financial capital of India and the primary entry point for bullion imports into the country. The city's gold trade is anchored by the historic Zaveri Bazar in South Mumbai, which acts as a major pricing benchmark for domestic bullion traders, refiners, and retail jewelers across Maharashtra and neighboring regions.