Gold 4,122.50 $/oz ▼ (-0.41%) Gold 24K 132.54 $/g Silver 52.78 $/oz ▼ (-0.94%) Platinum 1,527 $/oz EUR/USD 1.1237

Gold price in Mumbai today

On November 5, 2026, 24K gold in Mumbai costs 12,541.09 INR per gram and 390,072 INR per troy ounce, based on the live international spot price.

24K · per gram 12,541.09 INR ▼ (-0.41%)

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Gold rate in Mumbai by karat (INR)

KaratPer gramPer troy ouncePer 10 gramsBuy (bid) / gramSell (ask) / gram
24K99912,541.09390,072125,41112,290.2712,791.92
22K91611,487.64357,306114,87611,257.8911,717.40
21K87510,973.46341,313109,73510,753.9911,192.93
18K7509,405.82292,55494,058.219,217.709,593.94
14K5857,336.54228,19273,365.417,189.817,483.27
10K4175,229.64162,66052,296.375,125.045,334.23
9K3754,702.91146,27747,029.114,608.854,796.97

Spot prices exclude dealer margins and taxes. Adjust these to estimate what a shop will pay (buy) or charge (sell).

24K gold price by weight

Unit24K22K18K
Gram 1 g 12,541.0911,487.649,405.82
10 grams 10 g 125,411114,87694,058.21
Troy ounce 31.1035 g 390,072357,306292,554
Tola 11.6638 g 146,277133,990109,708
Kilogram 1,000 g 12,541,09511,487,6439,405,821

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INR exchange rate

1 USD94.6202 INR
1 EUR106.3253 INR
1 GBP127.4662 INR

All INR exchange rates · Silver price in Mumbai

Gold spot price trend (USD/oz)

Full gold price history and long-term chart

How the gold price in Mumbai is calculated

We take the live spot price of 4,122.50 USD per troy ounce, divide it by 31.1035 to get 132.54 USD per gram of pure gold, and multiply by today’s exchange rate of 94.6202 INR per dollar. That gives 12,541.09 INR per gram for 24K. Lower karats are priced by their gold content.

Zaveri Bazaar in Mumbai is India’s largest gold market and a reference for wholesale prices across the country.

Gold in Mumbai is priced in the same currency as the rest of India; differences between shops come from margins and making charges, not from the metal price.

Before you sell, weigh your pieces on a jeweler’s scale, check the hallmark and compare at least two quotes. Read our guide to selling gold.

More gold prices in Mumbai

24K gold22K gold21K gold18K gold14K gold10K gold9K gold Per gramPer troy ouncePer tolaPer kilogram

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Frequently asked questions

What is the 24K gold price in Mumbai today?
Today 24K gold in Mumbai costs about 12,541.09 INR per gram, 146,277 INR per tola and 390,072 INR per troy ounce, before dealer margins and taxes.
How much is 22K gold per gram in Mumbai?
22K gold is 91.6% pure, so one gram is worth about 11,487.64 INR at today’s spot price. A jeweler will usually pay a little less when buying and charge more when selling.
Which currency is gold priced in for Mumbai?
Local prices are shown in INR. They are converted from the international US-dollar spot price at the current INR/USD exchange rate.
Does this price include tax or making charges?
No. The figures are the value of the gold content only. Use the spread and making-charge fields above to estimate a retail price.