Last updated~ 18 Dec, 10:46 am IST

Gold Rates in Mumbai

If you intend to buy gold for investment purposes or simply as an ornament, you must know the latest gold rates in Mumbai. The gold price in Mumbai is Rs. 12,501 per gram for 22 karat gold and Rs. 13,637 per gram for 24 karat gold today (as on 18 December 2025). It is to be noted that if you want to buy pure 24 karat gold, you can purchase it in the form of digital gold, as ornaments are usually made in 22 karat gold (or lower). The price for 24 karat digital gold is Rs. 13,637 per gram (excluding GST) while the price for 22 karat gold jewellery will be calculated according to Rs. 12,501 per gram (excluding the making charges & GST). Read More

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Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.Read More

Trend of Gold Rate

The highest price for gold in Mumbai in December 2025 was Rs. 12,601 per gram for 22 karat gold and Rs.13,746 per gram for 24 karat gold, while the lowest gold price in Mumbai in December 2025 was Rs. 12,071 per gram for 22 karat gold and Rs. 13,168 per gram for 24 karat gold.

Alternatives to Physical Gold

Other than buying gold in forms of jewellery, coins, and biscuits, you can also buy digital gold or invest in schemes like ETFs and gold bonds. While physical gold provides psychological security, digital gold and market-linked gold schemes are more liquid and have an easier trading process in comparison to buying physical gold in Mumbai.

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24K & 22K Gold Rates in mumbai

FAQs

What is the 22 karat gold price today in Mumbai?

The 22 karat gold rate in Mumbai is Rs. 12,501 per gram today 18 December 2025.

How much does 24 karat gold cost in Mumbai?

The price for 24 karat gold in Mumbai is Rs. 13,637 per gram.

How much does 1 tola gold cost in Mumbai?

One tola refers to 12 grams of gold. The approximate price for 1 tola gold in Mumbai is Rs. 1,63,643 for 24 karat gold and Rs. 1,50,012 for 22 karat gold.

What is the cost for 2 tola gold in Mumbai?

The approximate price for 22 karat and 24 karat 2 tola gold in Mumbai is Rs. 3,00,024 and Rs. 3,27,287 respectively.

How much does 22 karat and 24 karat 3 tola gold cost in Mumbai?

The cost for 3 tola gold in Mumbai is Rs. 4,50,036 for 22 karat and Rs. 4,90,930 for 24 karat.

What is the price of 10 gm 22 karat and 24 karat gold in Mumbai?

The rates for 10 gm 22 karat and 24 karat gold in Mumbai are Rs. 1,25,010 and Rs. 1,36,369 as on 18 December 2025.

Is there a difference in the prices of hallmarked and other gold jewellery in Mumbai?

Yes, the prices for hallmarked and other gold jewellery in Mumbai differs. Usually, the non-hallmarked gold jewellery is lower in price as there is no proof/certification of purity.

Is gold purchase in Mumbai subject to GST or any other tax?

Yes. All forms of gold purchases in Mumbai are subject to a 3% GST (1.5% CGST + 1.5% SGST) rate.

What are the making charges on gold jewellery in Mumbai in 2025?

Making charges for any jewellery refers to the costs associated with the labour and skills required to craft it. Making charges on most gold jewellery in Mumbai usually ranges from 5% to 35%.

What documents are needed to buy gold in Mumbai above a certain amount?

As per government rules, you are required to furnish either your PAN (Permanent Account Number) details when you purchase gold of above Rs. 2 lakh in Mumbai.

Is it safe to buy physical gold in Mumbai in 2025?

Purchasing physical gold in Mumbai is considered a safe investment option in 2025 due to its tangible nature, which provides psychological security.

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#Gold prices shown on this page are for informational purposes only. [Source: Rapid API]. Prices are subject to change based on market conditions and may vary at different times of the day.

*Returns as on 10th Jan'25. 18% returns for Tata AIA Life Top 200 for the last 10 years.The past performance is not necessarily indicative of future performance. Source: Morningstar

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