India · Gold Price

Mumbai

IBJA 24K

₹172,371

per Tola

Source: IBJA · updated about 4 hours ago

+15.6% above world spot World spot reference: ₹149,161 per Tola

Zaveri Bazaar · at a glance

Mumbai's gold trade has run through Zaveri Bazaar on Mumbadevi Road for over 150 years. Roughly 7,000 jewellers and bullion dealers work the lane, accounting for a third of India's daily gold turnover. The Bombay Bullion Association's reference price quoted here feeds the IBJA national fix.

Typical purchase

22K bridal sets and coins dominate; 24K bars favoured for SIPs.

Typical making charge

8–15% making charge — lower than Delhi (12–22%), higher than Kerala.

Price by purity · Mumbai

per Tola (INR)

24K

₹149,161

999.9 / pure

22K

₹136,736

916

18K

₹111,871

750

14K

₹87,006

585

Best season to buy in Mumbai

Akshaya Tritiya Diwali / Dhanteras wedding season (Nov–Feb)

Off-season: Jul–Aug typically softest (post-Akshaya lull, pre-festival).

Dealer prices · Mumbai

live retail
Brand / Type Buy (INR)/Tola Sell (INR)/Tola

IBJA

Gold Bar 24K

172,371 172,371

IBJA

Gold Bar 24K-995

171,681 171,681

IBJA

Gold Bar 22K

157,892 157,892

IBJA

Gold Bar 18K

129,279 129,279

IBJA

Gold Bar 14K

100,837 100,837

Prices in INR per Tola. Source: domestic gold dealers.

Updated about 4 hours ago

Gold Price Chart

INR/tola

24H 7D 30D 1Y 5Y 10Y 20Y

IBJA premium over world spot

Last 90 days · % above international spot rate

+16.06%

today

Low: +9.8% High: +18.7%

Nearby cities · India

Frequently asked · Mumbai

How much is 10 grams of 22K gold in Mumbai today?

At today's IBJA national fix, 10 g of 22K gold in Mumbai costs approximately ₹117,233 before making charges. Add 8–15% making charge — lower than Delhi (12–22%), higher than Kerala. for jewellery to estimate the final shop price.

What is the typical making charge in Mumbai?

Jewellers in Mumbai typically charge 8–15% making charge — lower than Delhi (12–22%), higher than Kerala. on top of the bullion rate for jewellery work. Investment bars and coins carry a much smaller premium (~1–4%). Always ask for the making charge percentage and the buyback rate before purchasing.

When is the best time to buy gold in Mumbai?

Jul–Aug typically softest (post-Akshaya lull, pre-festival). Festival periods (Akshaya Tritiya, Diwali / Dhanteras) and wedding seasons typically push prices up due to demand.

USD INR
+0.01%

1 USD = 96.34 INR

Gold in Other Currencies

Based on USD spot price and exchange rate.

Price Records

All-Time High

$5,318.40

Jan 29, 2026

52-Week High

$5,318.40

52-Week Low

$3,946.30

YTD Change

-12.4%

Gold Converter

Result

31.1035 Grams

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