Gold Rate in Mumbai

Array ( [0] => Array ( [date] => 2018-01-23 [city] => mumbai [22_c_1_gm] => 2950.00 [24_c_1_gm] => 3155.08 [last_updated] => Last Updated: 23 Jan 2018, 12:43:14 PM ) [1] => Array ( [date] => 2018-01-22 [city] => mumbai [22_c_1_gm] => 2951.00 [24_c_1_gm] => 3156.15 [last_updated] => Last Updated: 22 Jan 2018, 12:22:41 PM ) )

23rd Jan 2018

31,550.80

Today MCX gold price in rupees per 10 grams.

Today gold price in Mumbai is 31550.8 rupees per 10 grams
(10 grams = 1 tola gold)

22 Carat Gold
Rs. 29500
24 Carat Gold
Rs. 31550.8

22 Carat & 24 Carat Gold Rate in Mumbai Per Gram (INR)

  22-Carat 24-Carat Change(%)
Yesterday 2950.00 3155.08 0 %
Today 2951.00 3156.15 0 %

Today 24 Carat Gold Price per gram in Mumbai (INR)

Gram 24 Carat Gold Yesterday24 Carat Gold Today Daily Price Change
1 Gram Rs 3155.08Rs 3156.15
8 Gram Rs 25240.64Rs 25249.2
10 Gram Rs 31550.8Rs 31561.5
100 Gram Rs 315508Rs 315615

Today 22 Carat Gold Price per gram in Mumbai (INR)

Gram 22 Carat Gold Yesterday22 Carat Gold Today Daily Price Change
1 Gram Rs 2950.00Rs 2951.00
8 Gram Rs 23600Rs 23608
10 Gram Rs 29500Rs 29510
100 Gram Rs 295000Rs 295100

Gold Rate in Mumbai

Mumbai, just like all other cities, houses several investment options for gold in the form of coins, bars, ingots, or the all-time popular gold ornaments. Gold price in Mumbai fluctuates as everywhere else, but that does not stop anyone from considering the precious metal as an investment option. Gold is the safest liquefiable asset in India standing against inflation and economic contingencies. Mumbai gold price is standard throughout the city, which is useful when buying as is or when trading it as a commodity in national and international markets.

The city houses the maximum number of gold buyers and sellers as it is the most populous of all the cities in our country. Gold price today in Mumbai is the direct representation of the purchasing power of the buyers of the precious metal in the commercial capital of India and only seems to increase with the rising demand the city faces. However, this month the current gold rate in Mumbai seems stable when compared to global markets.

22 & 24 Carat Gold Rate in Mumbai for Last 10 Days

Year
STANDARD GOLD 22K
1 GRAM 10 GRAM
PURE GOLD 24K
1 GRAM 10 GRAM
23 January 2018 Rs. 2950.00 Rs. 29500 Rs. 3155.08 Rs. 31550.8
22 January 2018 Rs. 2951.00 Rs. 29510 Rs. 3156.15 Rs. 31561.5
21 January 2018 Rs. 2951.00 Rs. 29510 Rs. 3156.15 Rs. 31561.5
20 January 2018 Rs. 2951.00 Rs. 29510 Rs. 3156.15 Rs. 31561.5
19 January 2018 Rs. 2939.00 Rs. 29390 Rs. 3143.32 Rs. 31433.2
18 January 2018 Rs. 2959.00 Rs. 29590 Rs. 3164.71 Rs. 31647.1
17 January 2018 Rs. 2959.00 Rs. 29590 Rs. 3164.71 Rs. 31647.1
16 January 2018 Rs. 2952.00 Rs. 29520 Rs. 3157.22 Rs. 31572.2
15 January 2018 Rs. 2927.00 Rs. 29270 Rs. 3130.48 Rs. 31304.8

Comparison of 22 K & 24 K Gold Rates in Mumbai

Historical Price of Gold Rate in Mumbai

Gold Rate in Mumbai

Mumbai, just like all other cities, houses several investment options for gold in the form of coins, bars, ingots, or the all-time popular gold ornaments. Gold price in Mumbai fluctuates as everywhere else, but that does not stop anyone from considering the precious metal as an investment option. Gold is the safest liquefiable asset in India standing against inflation and economic contingencies. Mumbai gold price is standard throughout the city, which is useful when buying as is or when trading it as a commodity in national and international markets.

The city houses the maximum number of gold buyers and sellers as it is the most populous of all the cities in our country. Gold price today in Mumbai is the direct representation of the purchasing power of the buyers of the precious metal in the commercial capital of India and only seems to increase with the rising demand the city faces. However, this month the current gold rate in Mumbai seems stable when compared to global markets.

Latest News on Gold Rate in Mumbai

Gold Rates in Mumbai Decline

The prices of gold dropped as investors continue to sell it off whenever the prices increase. This resulted in a marginal drop in gold prices. Those planning to invest their hard earned money in gold may find its rate going down a little; however, experts believe that gold rates may soon increase a little from Rs. 27,000. December 2017, was a good time for gold buyers in Mumbai as the prices slipped down to Rs 28,200 for 22 karat gold, from Rs 29,200 per 10 grams of gold.

The prices of gold have been dropping significantly based on the global market trends. Last week, dollar stood a little weak which led to a little setback in the gold prices globally.

Ahead of the US Fed meet, the interest rate on gold prices has increased nominally, but this has not impacted the gold rates much in the market. The trend suggests that the gold prices will remain steady in the coming few days. In Mumbai, the current trend showcases an increased demand of 24 karat gold coins and bars.

Gold Prices in Mumbai Drop

Ahead of the 2-day US Fed meet, prices of gold saw a downfall in the month of December, 2017. The maximum prices saw a hike of 0.25 percent. The gold prices in Mumbai touched the Rs 28000 level; they were last seen trading at Rs 27,950 per 10 grams. As investors continue to bet against the precious metal, any drastic change in the gold prices seem unlikely in the coming few days.

The interest rate has gone up, directly affecting the gold prices and we get to see a remarkable dip in its prices across the global market. Due to increased selling of the metal, the prices of the metal dropped down to a significant level, closer to 4 months low. The prices might continue to be in a constricted range in the coming few weeks looking at the selling trend of the investors who have purchased the precious metal at a soaring high price.

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