As on May 16, 2024
Gold Rate in Mumbai Today
Gold has over the years been a perfect hedge against inflation. Investors are increasingly looking at gold as an important investment. Gold price in Mumbai herewith for our readers informational purposes only. These gold rates are updated today and are sourced from reputed jewellers in the country.
Gold Rate Today Price Trends in Mumbai
| As on May 16, 2024 | 1 gram | 8 grams | 10 grams | 100 grams |
|---|---|---|---|---|
| 24 Carat Gold | ₹7,609 | ₹60,872 | ₹76,090 | ₹7,60,900 |
| 22 Carat Gold | ₹7,132 | ₹57,056 | ₹71,320 | ₹7,13,200 |
* These gold rates are indicative and excludes GST etc. For exact rates contact your local jeweller.
Gold Rate News
Gold prices set for second weekly gain on Fed rate outlook
The number of Americans filing new claims for jobless benefits fell last week, unwinding nearly half of the jump at the start of the month, indicating that labor market conditions remain fairly tight even as job growth is cooling.
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Gold rate for last 30 days
| Date | 22 Carat Price | 24 Carat Price |
|---|---|---|
| May 16, 2024 | ₹71,3211.69% | ₹76,0931.92% |
| May 15, 2024 | ₹70,1341.31% | ₹74,6571.13% |
| May 14, 2024 | ₹69,227-1.52% | ₹73,820-1.49% |
| May 13, 2024 | ₹70,2922.36% | ₹74,9382.37% |
| May 12, 2024 | ₹68,673-0.45% | ₹73,205-0.42% |
| May 11, 2024 | ₹68,673-0.45% | ₹73,205-0.42% |
| May 10, 2024 | ₹68,673-0.45% | ₹73,205-0.42% |
| May 09, 2024 | ₹68,9850.79% | ₹73,5120.90% |
| May 08, 2024 | ₹68,445-1.16% | ₹72,858-1.23% |
| May 07, 2024 | ₹69,2503.32% | ₹73,7693.29% |
| May 06, 2024 | ₹67,027-1.89% | ₹71,420-1.88% |
| May 06, 2024 | ₹67,027-1.89% | ₹71,420-1.88% |
| May 05, 2024 | ₹68,3190.60% | ₹72,7860.76% |
| May 05, 2024 | ₹68,3190.60% | ₹72,7860.76% |
| May 04, 2024 | ₹68,3190.60% | ₹72,7860.76% |
| May 04, 2024 | ₹68,3190.60% | ₹72,7860.76% |
| May 03, 2024 | ₹68,3190.60% | ₹72,7860.76% |
| May 03, 2024 | ₹68,3190.60% | ₹72,7860.76% |
| May 02, 2024 | ₹67,913-0.92% | ₹72,234-1.14% |
| May 02, 2024 | ₹67,913-0.92% | ₹72,234-1.14% |
| Apr 30, 2024 | ₹68,545-0.78% | ₹73,065-0.63% |
| Apr 30, 2024 | ₹68,545-0.78% | ₹73,065-0.63% |
| Apr 29, 2024 | ₹69,080-0.63% | ₹73,529-0.70% |
| Apr 28, 2024 | ₹69,5190.66% | ₹74,0510.65% |
| Apr 27, 2024 | ₹69,5190.66% | ₹74,0510.65% |
| Apr 26, 2024 | ₹69,5190.66% | ₹74,0510.65% |
| Apr 25, 2024 | ₹69,0620.13% | ₹73,5740.18% |
| Apr 24, 2024 | ₹68,9690.28% | ₹73,4400.25% |
| Apr 23, 2024 | ₹68,779-1.40% | ₹73,255-1.42% |
| Apr 22, 2024 | ₹69,7590.48% | ₹74,3130.45% |
| Apr 21, 2024 | ₹69,4261.02% | ₹73,9821.00% |
| Apr 20, 2024 | ₹69,4261.02% | ₹73,9821.00% |
| Apr 19, 2024 | ₹69,4261.02% | ₹73,9821.00% |
| Apr 18, 2024 | ₹68,724-1.60% | ₹73,249-1.58% |
| Apr 17, 2024 | ₹69,8390.07% | ₹74,4220.01% |
Gold Rate in Different Cities / States in India
| Standard Gold (22 Carat) | Pure Gold (24 Carat) | |||
|---|---|---|---|---|
| City Name | 1 gram | 8 grams | 1 gram | 8 grams |
| Gold Rate in Delhi | ₹7,127 | ₹57,016 | ₹7,598 | ₹60,784 |
| Gold Rate in Chandigarh | ₹7,230 | ₹57,840 | ₹7,716 | ₹61,728 |
| Gold Rate in Mumbai | ₹7,132 | ₹57,056 | ₹7,609 | ₹60,872 |
| Gold Rate in Pune | ₹7,184 | ₹57,472 | ₹7,663 | ₹61,304 |
| Gold Rate in Kolkata | ₹7,279 | ₹58,232 | ₹7,768 | ₹62,144 |
| Gold Rate in Ranchi | ₹7,162 | ₹57,296 | ₹7,636 | ₹61,088 |
| Gold Rate in Jaipur | ₹7,114 | ₹56,912 | ₹7,576 | ₹60,608 |
| Gold Rate in Hyderabad | ₹7,122 | ₹56,976 | ₹7,588 | ₹60,704 |
| View More | ||||
| Gold Rate in Chennai | ₹7,061 | ₹56,488 | ₹7,532 | ₹60,256 |
| Gold Rate in Bangalore | ₹7,071 | ₹56,568 | ₹7,531 | ₹60,248 |
| Gold Rate in Kerala | ₹7,071 | ₹56,568 | ₹7,542 | ₹60,336 |
| Gold Rate in Trivandrum | ₹7,100 | ₹56,800 | ₹7,564 | ₹60,512 |
| Gold Rate in Coimbatore | ₹6,957 | ₹55,656 | ₹7,563 | ₹60,504 |
| Gold Rate in Vijayawada | ₹7,052 | ₹56,416 | ₹7,588 | ₹60,704 |
| Gold Rate in Vizag | ₹7,070 | ₹56,560 | ₹7,695 | ₹61,560 |
| Gold Rate in Patna | ₹7,411 | ₹59,288 | ₹7,780 | ₹62,240 |
| Gold Rate in Kochi | ₹6,959 | ₹55,672 | ₹7,542 | ₹60,336 |
| Gold Rate in Surat | ₹6,959 | ₹55,672 | ₹7,534 | ₹60,272 |
| Gold Rate in Noida | ₹6,945 | ₹55,560 | ₹7,547 | ₹60,376 |
| Gold Rate in Bhubaneswar | ₹7,025 | ₹56,200 | ₹7,583 | ₹60,664 |
| Gold Rate in Lucknow | ₹6,933 | ₹55,464 | ₹7,529 | ₹60,232 |
| Gold Rate in Kanpur | ₹6,997 | ₹55,976 | ₹7,560 | ₹60,480 |
| Gold Rate in Madurai | ₹7,102 | ₹56,816 | ₹7,633 | ₹61,064 |
| Gold Rate in Mangalore | ₹6,990 | ₹55,920 | ₹7,575 | ₹60,600 |
| Gold Rate in Mysore | ₹6,952 | ₹55,616 | ₹7,533 | ₹60,264 |
| Gold Rate in Nashik | ₹6,965 | ₹55,720 | ₹7,568 | ₹60,544 |
| Gold Rate in Vadodara | ₹7,365 | ₹58,920 | ₹7,766 | ₹62,128 |
| Gold Rate in Ghaziabad | ₹7,387 | ₹59,096 | ₹7,771 | ₹62,168 |
| Gold Rate in Jamshedpur | ₹7,171 | ₹57,368 | ₹7,708 | ₹61,664 |
| Gold Rate in Visakhapatnam | ₹7,100 | ₹56,800 | ₹7,686 | ₹61,488 |
| Gold Rate in Thrissur | ₹6,979 | ₹55,832 | ₹7,562 | ₹60,496 |
| Gold Rate in Srinagar | ₹6,972 | ₹55,776 | ₹7,567 | ₹60,536 |
| Gold Rate in Dehradun | ₹6,950 | ₹55,600 | ₹7,527 | ₹60,216 |
| Gold Rate in Bhopal | ₹6,998 | ₹55,984 | ₹7,573 | ₹60,584 |
| Gold Rate in Goa | ₹6,972 | ₹55,776 | ₹7,552 | ₹60,416 |
| Gold Rate in Maharashtra | ₹6,970 | ₹55,760 | ₹7,543 | ₹60,344 |
| Gold Rate in Odisha | ₹7,004 | ₹56,032 | ₹7,579 | ₹60,632 |
| Gold Rate in Bihar | ₹7,252 | ₹58,016 | ₹7,662 | ₹61,296 |
| Gold Rate in Gujarat | ₹6,974 | ₹55,792 | ₹7,544 | ₹60,352 |
| Gold Rate in Rajasthan | ₹7,197 | ₹57,576 | ₹7,668 | ₹61,344 |
| Gold Rate in Andhra Pradesh | ₹7,176 | ₹57,408 | ₹7,651 | ₹61,208 |
| Gold Rate in Jharkhand | ₹7,200 | ₹57,600 | ₹7,697 | ₹61,576 |
| Gold Rate in Telangana | ₹7,198 | ₹57,584 | ₹7,676 | ₹61,408 |
| Gold Rate in West Bengal | ₹7,264 | ₹58,112 | ₹7,694 | ₹61,552 |
| Gold Rate in Puducherry | ₹7,108 | ₹56,864 | ₹7,632 | ₹61,056 |
| Gold Rate in Haryana | ₹7,225 | ₹57,800 | ₹7,773 | ₹62,184 |
| Gold Rate in Punjab | ₹7,007 | ₹56,056 | ₹7,580 | ₹60,640 |
| Gold Rate in Uttar Pradesh | ₹6,986 | ₹55,888 | ₹7,568 | ₹60,544 |
| Gold Rate in Uttarakhand | ₹6,976 | ₹55,808 | ₹7,548 | ₹60,384 |
| Gold Rate in Assam | ₹6,979 | ₹55,832 | ₹7,546 | ₹60,368 |
| Gold Rate in Karnataka | ₹6,989 | ₹55,912 | ₹7,578 | ₹60,624 |
| Gold Rate in Ahmedabad | ₹7,060 | ₹56,480 | ₹7,524 | ₹60,192 |
| View Less | ||||
Gold Rate Calculator
Gold Rate in Mumbai for 1g 24 Carat is: ₹7,609
Gold Rate Comparison 22 Carat vs 24 Carat
Gold rate for last 10 days
| Date | 22 Carat Price | 24 Carat Price | ||
|---|---|---|---|---|
| May 16, 2024 | ₹7,132 | 1.69% | ₹7,609 | 1.92% |
| May 15, 2024 | ₹7,013 | 1.31% | ₹7,466 | 1.13% |
| May 14, 2024 | ₹6,923 | -1.52% | ₹7,382 | -1.49% |
| May 13, 2024 | ₹7,029 | 2.36% | ₹7,494 | 2.37% |
| May 12, 2024 | ₹6,867 | -0.45% | ₹7,321 | -0.42% |
| May 11, 2024 | ₹6,867 | -0.45% | ₹7,321 | -0.42% |
| May 10, 2024 | ₹6,867 | -0.45% | ₹7,321 | -0.42% |
| May 09, 2024 | ₹6,899 | 0.79% | ₹7,351 | 0.90% |
| May 08, 2024 | ₹6,845 | -1.16% | ₹7,286 | -1.23% |
| May 07, 2024 | ₹6,925 | 3.32% | ₹7,377 | 3.29% |
Top Commodities
GAINERS
LOSERS
| Commodity | Price(Rs) | %Chg | Expiry |
|---|---|---|---|
| Natural Gas | 207.7 | 4.42% | 28-May-2024 |
| Crude Oil Mini | 6760.0 | 4.19% | 19-Aug-2024 |
| Natural Gas | 224.1 | 2.99% | 25-Jun-2024 |
Factors affecting gold rate prices in Mumbai
Trading in gold is a preferred investment mode of investors who are financially savvy and have the required risk-appetite for this kind of market. It requires prudent monitoring of investments as gold prices are subject to change for many reasons. Maintaining or closing a position in this market depends on how well an investor can track, analyze and synthesize pricing information.
Month-wise gold rate trend for 22 Carat
| Month | Start Price (per gram) | End Price (per gram) | Change (per gram) | Average Price (per gram) | |
|---|---|---|---|---|---|
| April 24 | ₹6,507 | ₹6,854 | ₹347 | 5.33% | ₹6,849 |
| March 24 | ₹5,899 | ₹6,427 | ₹528 | 8.96% | ₹6,227 |
| February 24 | ₹5,922 | ₹5,851 | ₹-70 | -1.19% | ₹5,903 |
| January 24 | ₹6,108 | ₹6,013 | ₹-95 | -1.55% | ₹5,973 |
| December 23 | ₹6,000 | ₹6,069 | ₹69 | 1.15% | ₹5,983 |
| November 23 | ₹5,876 | ₹5,965 | ₹89 | 1.52% | ₹5,839 |
| October 23 | ₹5,579 | ₹5,876 | ₹297 | 5.32% | ₹5,674 |
| September 23 | ₹5,718 | ₹5,579 | ₹-139 | -2.42% | ₹5,646 |
| August 23 | ₹5,614 | ₹5,639 | ₹25 | 0.44% | ₹5,640 |
| July 23 | ₹5,545 | ₹5,769 | ₹224 | 4.04% | ₹5,654 |
| June 23 | ₹5,800 | ₹5,545 | ₹-255 | -4.40% | ₹5,697 |
| May 23 | ₹5,766 | ₹5,703 | ₹-63 | -1.10% | ₹5,801 |
Month-wise gold rate trend for 24 Carat
| Month | Start Price (per gram) | End Price (per gram) | Change (per gram) | Average Price (per gram) | |
|---|---|---|---|---|---|
| April 24 | ₹6,926 | ₹7,306 | ₹380 | 5.49% | ₹7,295 |
| March 24 | ₹6,260 | ₹6,836 | ₹576 | 9.21% | ₹6,616 |
| February 24 | ₹6,275 | ₹6,205 | ₹-70 | -1.12% | ₹6,260 |
| January 24 | ₹6,478 | ₹6,386 | ₹-92 | -1.42% | ₹6,340 |
| December 23 | ₹6,370 | ₹6,442 | ₹72 | 1.13% | ₹6,350 |
| November 23 | ₹6,232 | ₹6,326 | ₹94 | 1.51% | ₹6,193 |
| October 23 | ₹5,913 | ₹6,232 | ₹319 | 5.40% | ₹6,013 |
| September 23 | ₹6,064 | ₹5,913 | ₹-151 | -2.49% | ₹5,983 |
| August 23 | ₹5,944 | ₹5,968 | ₹24 | 0.40% | ₹5,976 |
| July 23 | ₹5,874 | ₹6,115 | ₹241 | 4.11% | ₹5,990 |
| June 23 | ₹6,146 | ₹5,874 | ₹-273 | -4.44% | ₹6,038 |
| May 23 | ₹6,120 | ₹6,047 | ₹-74 | -1.20% | ₹6,177 |
Weekly performance of Gold rate for 22 carat in Mumbai
| Week (Mon-Sun) | Start Price (per gram) | End Price (per gram) | Change (per gram) | Average Price (per gram) | |
|---|---|---|---|---|---|
| 13 May - 17 May | ₹7,029 | ₹7,132 | ₹103 | 1.46% | ₹7,024 |
| 06 May - 12 May | ₹6,702 | ₹6,867 | ₹165 | 2.46% | ₹6,829 |
| 29 Apr - 05 May | ₹6,908 | ₹6,832 | ₹-76 | -1.10% | ₹6,836 |
| 22 Apr - 28 Apr | ₹6,976 | ₹6,951 | ₹-24 | -0.34% | ₹6,926 |
| 15 Apr - 21 Apr | ₹6,794 | ₹6,942 | ₹148 | 2.18% | ₹6,919 |
| 08 Apr - 14 Apr | ₹6,838 | ₹6,949 | ₹111 | 1.62% | ₹6,899 |
| 01 Apr - 07 Apr | ₹6,507 | ₹6,698 | ₹191 | 2.93% | ₹6,616 |
| 25 Mar - 31 Mar | ₹6,283 | ₹6,427 | ₹144 | 2.29% | ₹6,399 |
| 18 Mar - 24 Mar | ₹6,251 | ₹6,258 | ₹7 | 0.11% | ₹6,282 |
Weekly performance of Gold rate for 24 carat in Mumbai
| Week (Mon-Sun) | Start Price (per gram) | End Price (per gram) | Change (per gram) | Average Price (per gram) | |
|---|---|---|---|---|---|
| 13 May - 17 May | ₹7,493 | ₹7,609 | ₹116 | 1.54% | ₹7,487 |
| 06 May - 12 May | ₹7,142 | ₹7,320 | ₹178 | 2.50% | ₹7,277 |
| 29 Apr - 05 May | ₹7,352 | ₹7,278 | ₹-74 | -1.01% | ₹7,280 |
| 22 Apr - 28 Apr | ₹7,431 | ₹7,405 | ₹-26 | -0.35% | ₹7,378 |
| 15 Apr - 21 Apr | ₹7,238 | ₹7,398 | ₹160 | 2.20% | ₹7,373 |
| 08 Apr - 14 Apr | ₹7,277 | ₹7,400 | ₹123 | 1.69% | ₹7,346 |
| 01 Apr - 07 Apr | ₹6,926 | ₹7,134 | ₹208 | 3.00% | ₹7,043 |
| 25 Mar - 31 Mar | ₹6,684 | ₹6,836 | ₹152 | 2.28% | ₹6,806 |
| 18 Mar - 24 Mar | ₹6,648 | ₹6,646 | ₹-2 | -0.03% | ₹6,676 |
Why gold price is increasing in Mumbai?
Gold rates in Mumbai change on a regular basis, with a number of factors impacting rates. A close look at recent trends could highlight the reason for such changes. There has been a recent increase in gold rates due to improved performance on the international front.
