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Compare services →India · Gold Price
Mumbai
IBJA 24K
₹172,371
per Tola
Source: IBJA · updated about 4 hours ago
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
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
IBJA premium over world spot
Last 90 days · % above international spot rate
+16.06%
today
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.
1 USD = 96.34 INR
Gold Price in Cities of India
See also
Silver prices in Mumbai →Gold in Other Currencies
Based on USD spot price and exchange rate.
Price Records
All-Time High
$5,318.40
Jan 29, 2026
$5,318.40
$3,946.30
-12.4%
Gold Converter
Result
31.1035 Grams
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