Gold Price Today in Mumbai — 15 May 2026
Last updated: 14 May 2026
| Weight | 24K | 22K |
|---|---|---|
| 1g | ₹15,904 | ₹14,579 |
| 8g | ₹1,27,232 | ₹1,16,632 |
| 10g | ₹1,59,040 | ₹1,45,790 |
| 100g | ₹15,90,400 | ₹14,57,900 |
| 1kg | ₹1,59,04,000 | ₹1,45,79,000 |
Mumbai is India's largest gold market and financial capital, with Zaveri Bazaar and other hubs driving significant daily trading. The city's gold prices typically align closely with MCX rates, with minor variations from the Bombay Bullion Association. Today, 24K gold in Mumbai is priced at ₹15,904 per gram.
Mumbai jewellers often add making charges between 8% and 15% over the gram rate. Hallmark certification is widely available. The city's proximity to bullion refiners keeps premiums competitive.
Gold Market in Mumbai
Mumbai is a major bullion distribution hub, with Zaveri Bazaar and a strong wholesale ecosystem influencing retail rates across the city. Local quotes typically track national benchmarks closely, with small differences driven by association updates and demand from jewellers.
Local tip: Compare the day’s rate and making charges across 2–3 Zaveri Bazaar or suburban jewellers, and insist on BIS hallmark + a detailed invoice.
Seasonal note: Demand often jumps around Akshaya Tritiya and the winter wedding season, which can tighten inventory for popular jewellery designs.
Mumbai vs Nearby Cities
Frequently Asked Questions
What is the gold price in Mumbai today?
Today's gold price in Mumbai varies slightly based on local jeweller rates. Check the table above for 24K and 22K rates per gram.
What is 22K gold price in Mumbai?
22K gold in Mumbai is priced as shown in the table above. 22K is 91.6% pure and preferred for traditional jewellery.
Why does gold price differ between cities?
Gold prices differ due to state taxes, local association rates, and demand. Cities like Mumbai and Delhi may have marginally different rates.
Where can I buy gold in Mumbai?
Mumbai has numerous certified jewellers. Look for BIS hallmark certification and compare rates at 2-3 stores before buying.
How is GST applied on gold in Mumbai?
GST of 3% applies on gold jewellery across India, including in this city. Gold coins and bars for investment may have different tax treatment.
Gold & Silver Prices in Other Cities
Compare gold prices in Mumbai with nearby cities: