As on Oct 01, 2023
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 Oct 01, 2023 | 1 gram | 8 grams | 10 grams | 100 grams |
|---|---|---|---|---|
| 24 Carat Gold | ₹5,913 | ₹47,304 | ₹59,130 | ₹5,91,300 |
| 22 Carat Gold | ₹5,579 | ₹44,632 | ₹55,790 | ₹5,57,900 |
* These gold rates are indicative and excludes GST etc. For exact rates contact your local jeweller.
Gold Rate News
Losing shine? Investment demand for gold plummets to four-year lows
COMEX Gold prices saw a significant drop due to a surge in US treasury yields, resulting in the largest weekly loss in months. The US central bank indicated another rate hike before the end of the year and signaled fewer rate cuts for the following year. Strong economic data, including increased durable goods orders and low unemployment claims, supported the Federal Reserve's hawkish stance. The rebound in US home prices and rising energy prices also raised inflation concerns.
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Gold rate for last 30 days
| Date | 22 Carat Price | 24 Carat Price |
|---|---|---|
| Oct 01, 2023 | ₹55,7930.93% | ₹59,1340.92% |
| Sep 30, 2023 | ₹55,7930.93% | ₹59,1340.92% |
| Sep 29, 2023 | ₹55,7930.93% | ₹59,1340.92% |
| Sep 28, 2023 | ₹55,280-1.35% | ₹58,596-1.39% |
| Sep 27, 2023 | ₹56,038-1.02% | ₹59,423-1.06% |
| Sep 26, 2023 | ₹56,6140.12% | ₹60,0620.22% |
| Sep 25, 2023 | ₹56,545-0.22% | ₹59,932-0.08% |
| Sep 24, 2023 | ₹56,6690.19% | ₹59,980-0.04% |
| Sep 23, 2023 | ₹56,6690.19% | ₹59,980-0.04% |
| Sep 22, 2023 | ₹56,6690.19% | ₹59,980-0.04% |
| Sep 21, 2023 | ₹56,563-0.22% | ₹60,0070.02% |
| Sep 20, 2023 | ₹56,691-1.67% | ₹59,993-1.72% |
| Sep 19, 2023 | ₹57,6550.22% | ₹61,0450.07% |
| Sep 18, 2023 | ₹57,5282.82% | ₹61,0053.02% |
| Sep 17, 2023 | ₹55,9510.55% | ₹59,2190.49% |
| Sep 16, 2023 | ₹55,9510.55% | ₹59,2190.49% |
| Sep 15, 2023 | ₹55,9510.55% | ₹59,2190.49% |
| Sep 14, 2023 | ₹55,6470.40% | ₹58,9310.47% |
| Sep 13, 2023 | ₹55,425-3.17% | ₹58,656-3.30% |
| Sep 12, 2023 | ₹57,2382.30% | ₹60,6552.37% |
| Sep 11, 2023 | ₹55,951-0.77% | ₹59,252-0.86% |
| Sep 10, 2023 | ₹56,383-1.07% | ₹59,767-1.15% |
| Sep 09, 2023 | ₹56,383-1.07% | ₹59,767-1.15% |
| Sep 08, 2023 | ₹56,383-1.07% | ₹59,767-1.15% |
| Sep 07, 2023 | ₹56,992-0.86% | ₹60,464-0.71% |
| Sep 06, 2023 | ₹57,4872.41% | ₹60,8942.32% |
| Sep 05, 2023 | ₹56,1330.23% | ₹59,5160.25% |
| Sep 04, 2023 | ₹56,006-2.05% | ₹59,366-2.11% |
| Sep 03, 2023 | ₹57,1791.39% | ₹60,6461.62% |
| Sep 02, 2023 | ₹57,1791.39% | ₹60,6461.62% |
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 Ahmedabad | ₹5,452 | ₹43,616 | ₹5,770 | ₹46,160 |
| Gold Rate in Delhi | ₹5,637 | ₹45,096 | ₹5,967 | ₹47,736 |
| Gold Rate in Chandigarh | ₹5,535 | ₹44,280 | ₹5,861 | ₹46,888 |
| Gold Rate in Mumbai | ₹5,579 | ₹44,632 | ₹5,913 | ₹47,304 |
| Gold Rate in Pune | ₹5,629 | ₹45,032 | ₹5,956 | ₹47,648 |
| Gold Rate in Kolkata | ₹5,621 | ₹44,968 | ₹5,962 | ₹47,696 |
| Gold Rate in Ranchi | ₹5,578 | ₹44,624 | ₹5,912 | ₹47,296 |
| Gold Rate in Jaipur | ₹5,510 | ₹44,080 | ₹5,827 | ₹46,616 |
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| Gold Rate in Hyderabad | ₹5,516 | ₹44,128 | ₹5,836 | ₹46,688 |
| Gold Rate in Chennai | ₹5,463 | ₹43,704 | ₹5,778 | ₹46,224 |
| Gold Rate in Bangalore | ₹5,506 | ₹44,048 | ₹5,831 | ₹46,648 |
| Gold Rate in Kerala | ₹5,497 | ₹43,976 | ₹5,812 | ₹46,496 |
| Gold Rate in Trivandrum | ₹5,480 | ₹43,840 | ₹5,795 | ₹46,360 |
| Gold Rate in Coimbatore | ₹5,341 | ₹42,728 | ₹5,779 | ₹46,232 |
| Gold Rate in Vijayawada | ₹5,384 | ₹43,072 | ₹5,829 | ₹46,632 |
| Gold Rate in Vizag | ₹5,491 | ₹43,928 | ₹5,945 | ₹47,560 |
| Gold Rate in Patna | ₹5,664 | ₹45,312 | ₹5,866 | ₹46,928 |
| Gold Rate in Kochi | ₹5,348 | ₹42,784 | ₹5,806 | ₹46,448 |
| Gold Rate in Surat | ₹5,319 | ₹42,552 | ₹5,785 | ₹46,280 |
| Gold Rate in Noida | ₹5,357 | ₹42,856 | ₹5,805 | ₹46,440 |
| Gold Rate in Bhubaneswar | ₹5,378 | ₹43,024 | ₹5,787 | ₹46,296 |
| Gold Rate in Lucknow | ₹5,350 | ₹42,800 | ₹5,818 | ₹46,544 |
| Gold Rate in Kanpur | ₹5,384 | ₹43,072 | ₹5,821 | ₹46,568 |
| Gold Rate in Madurai | ₹5,516 | ₹44,128 | ₹5,851 | ₹46,808 |
| Gold Rate in Mangalore | ₹5,332 | ₹42,656 | ₹5,774 | ₹46,192 |
| Gold Rate in Mysore | ₹5,390 | ₹43,120 | ₹5,826 | ₹46,608 |
| Gold Rate in Nashik | ₹5,332 | ₹42,656 | ₹5,772 | ₹46,176 |
| Gold Rate in Vadodara | ₹5,816 | ₹46,528 | ₹6,065 | ₹48,520 |
| Gold Rate in Ghaziabad | ₹5,523 | ₹44,184 | ₹5,908 | ₹47,264 |
| Gold Rate in Jamshedpur | ₹5,590 | ₹44,720 | ₹5,882 | ₹47,056 |
| Gold Rate in Visakhapatnam | ₹5,496 | ₹43,968 | ₹5,827 | ₹46,616 |
| Gold Rate in Thrissur | ₹5,378 | ₹43,024 | ₹5,802 | ₹46,416 |
| Gold Rate in Srinagar | ₹5,366 | ₹42,928 | ₹5,821 | ₹46,568 |
| Gold Rate in Dehradun | ₹5,382 | ₹43,056 | ₹5,827 | ₹46,616 |
| Gold Rate in Bhopal | ₹5,373 | ₹42,984 | ₹5,820 | ₹46,560 |
| Gold Rate in Goa | ₹5,341 | ₹42,728 | ₹5,784 | ₹46,272 |
| Gold Rate in Maharashtra | ₹5,323 | ₹42,584 | ₹5,776 | ₹46,208 |
| Gold Rate in Odisha | ₹5,390 | ₹43,120 | ₹5,816 | ₹46,528 |
| Gold Rate in Bihar | ₹5,755 | ₹46,040 | ₹6,024 | ₹48,192 |
| Gold Rate in Gujarat | ₹5,376 | ₹43,008 | ₹5,801 | ₹46,408 |
| Gold Rate in Rajasthan | ₹5,593 | ₹44,744 | ₹5,925 | ₹47,400 |
| Gold Rate in Andhra Pradesh | ₹5,570 | ₹44,560 | ₹5,859 | ₹46,872 |
| Gold Rate in Jharkhand | ₹5,746 | ₹45,968 | ₹5,977 | ₹47,816 |
| Gold Rate in Telangana | ₹5,612 | ₹44,896 | ₹5,922 | ₹47,376 |
| Gold Rate in West Bengal | ₹5,765 | ₹46,120 | ₹5,979 | ₹47,832 |
| Gold Rate in Puducherry | ₹5,484 | ₹43,872 | ₹5,856 | ₹46,848 |
| Gold Rate in Haryana | ₹5,531 | ₹44,248 | ₹5,926 | ₹47,408 |
| Gold Rate in Punjab | ₹5,353 | ₹42,824 | ₹5,792 | ₹46,336 |
| Gold Rate in Uttar Pradesh | ₹5,335 | ₹42,680 | ₹5,786 | ₹46,288 |
| Gold Rate in Uttarakhand | ₹5,344 | ₹42,752 | ₹5,788 | ₹46,304 |
| Gold Rate in Assam | ₹5,337 | ₹42,696 | ₹5,786 | ₹46,288 |
| Gold Rate in Karnataka | ₹5,325 | ₹42,600 | ₹5,793 | ₹46,344 |
| View Less | ||||
Gold Rate Calculator
Gold Rate in Mumbai for 1g 24 Carat is: ₹5,913
Gold Rate Comparison 22 Carat vs 24 Carat
Gold rate for last 10 days
| Date | 22 Carat Price | 24 Carat Price | ||
|---|---|---|---|---|
| Oct 01, 2023 | ₹5,579 | 0.93% | ₹5,913 | 0.92% |
| Sep 30, 2023 | ₹5,579 | 0.93% | ₹5,913 | 0.92% |
| Sep 29, 2023 | ₹5,579 | 0.93% | ₹5,913 | 0.92% |
| Sep 28, 2023 | ₹5,528 | -1.35% | ₹5,860 | -1.39% |
| Sep 27, 2023 | ₹5,604 | -1.02% | ₹5,942 | -1.06% |
| Sep 26, 2023 | ₹5,661 | 0.12% | ₹6,006 | 0.22% |
| Sep 25, 2023 | ₹5,655 | -0.22% | ₹5,993 | -0.08% |
| Sep 24, 2023 | ₹5,667 | 0.19% | ₹5,998 | -0.04% |
| Sep 23, 2023 | ₹5,667 | 0.19% | ₹5,998 | -0.04% |
| Sep 22, 2023 | ₹5,667 | 0.19% | ₹5,998 | -0.04% |
Top Commodities
GAINERS
LOSERS
| Commodity | Price(Rs) | %Chg | Expiry |
|---|---|---|---|
| Aluminium Mini | 213.65 | 2.45% | 30-Nov-2023 |
| Aluminium | 212.1 | 2.24% | 31-Oct-2023 |
| Zinc Mini | 230.1 | 2.02% | 29-Sep-2023 |
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) | |
|---|---|---|---|---|---|
| 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 |
| April 23 | ₹5,666 | ₹5,736 | ₹70 | 1.23% | ₹5,751 |
| March 23 | ₹5,308 | ₹5,666 | ₹358 | 6.74% | ₹5,530 |
| February 23 | ₹5,609 | ₹5,335 | ₹-274 | -4.89% | ₹5,474 |
| January 23 | ₹5,240 | ₹5,537 | ₹298 | 5.68% | ₹5,415 |
| December 22 | ₹5,130 | ₹5,239 | ₹109 | 2.13% | ₹5,196 |
| November 22 | ₹4,873 | ₹5,107 | ₹234 | 4.80% | ₹5,011 |
| October 22 | ₹4,791 | ₹4,807 | ₹16 | 0.33% | ₹4,866 |
Month-wise gold rate trend for 24 Carat
| Month | Start Price (per gram) | End Price (per gram) | Change (per gram) | Average Price (per gram) | |
|---|---|---|---|---|---|
| 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 | ₹6,048 | ₹6,047 | ₹-2 | -0.02% | ₹6,177 |
| April 23 | ₹6,006 | ₹6,075 | ₹70 | 1.16% | ₹6,113 |
| March 23 | ₹5,618 | ₹6,006 | ₹387 | 6.89% | ₹5,855 |
| February 23 | ₹5,940 | ₹5,646 | ₹-295 | -4.96% | ₹5,795 |
| January 23 | ₹5,546 | ₹5,866 | ₹320 | 5.77% | ₹5,729 |
| December 22 | ₹5,415 | ₹5,539 | ₹124 | 2.30% | ₹5,493 |
| November 22 | ₹5,142 | ₹5,401 | ₹259 | 5.04% | ₹5,289 |
| October 22 | ₹5,053 | ₹5,073 | ₹20 | 0.40% | ₹5,133 |
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) | |
|---|---|---|---|---|---|
| 25 Sep - 01 Oct | ₹5,654 | ₹5,579 | ₹-75 | -1.33% | ₹5,601 |
| 18 Sep - 24 Sep | ₹5,752 | ₹5,666 | ₹-86 | -1.49% | ₹5,696 |
| 11 Sep - 17 Sep | ₹5,595 | ₹5,595 | ₹-0 | NaN% | ₹5,602 |
| 04 Sep - 10 Sep | ₹5,600 | ₹5,638 | ₹38 | 0.67% | ₹5,656 |
| 28 Aug - 03 Sep | ₹5,689 | ₹5,718 | ₹28 | 0.49% | ₹5,672 |
| 21 Aug - 27 Aug | ₹5,514 | ₹5,699 | ₹186 | 3.37% | ₹5,641 |
| 14 Aug - 20 Aug | ₹5,726 | ₹5,555 | ₹-171 | -2.99% | ₹5,618 |
| 07 Aug - 13 Aug | ₹5,741 | ₹5,598 | ₹-143 | -2.49% | ₹5,647 |
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) | |
|---|---|---|---|---|---|
| 25 Sep - 01 Oct | ₹5,993 | ₹5,913 | ₹-80 | -1.33% | ₹5,938 |
| 18 Sep - 24 Sep | ₹6,100 | ₹5,998 | ₹-102 | -1.68% | ₹6,033 |
| 11 Sep - 17 Sep | ₹5,925 | ₹5,921 | ₹-3 | -0.06% | ₹5,932 |
| 04 Sep - 10 Sep | ₹5,936 | ₹5,976 | ₹40 | 0.68% | ₹5,996 |
| 28 Aug - 03 Sep | ₹6,026 | ₹6,064 | ₹38 | 0.64% | ₹6,011 |
| 21 Aug - 27 Aug | ₹5,845 | ₹6,038 | ₹193 | 3.30% | ₹5,977 |
| 14 Aug - 20 Aug | ₹6,069 | ₹5,876 | ₹-193 | -3.18% | ₹5,949 |
| 07 Aug - 13 Aug | ₹6,091 | ₹5,936 | ₹-155 | -2.55% | ₹5,986 |
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.
