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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. 9,355 per gram for 22 karat gold and Rs. 9,823 per gram for 24 karat gold today (as on 15 August 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. 9,823 per gram (excluding GST) while the price for 22 karat gold jewellery will be calculated according to Rs. 9,355 per gram (excluding the making charges & GST). Read More
The highest price for gold in Mumbai in August 2025 was Rs. 9,540 per gram for 22 karat gold and Rs.10,017 per gram for 24 karat gold, while the lowest gold price in Mumbai in August 2025 was Rs. 9,355 per gram for 22 karat gold and Rs. 9,823 per gram for 24 karat 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.
The 22 karat gold rate in Mumbai is Rs. 9,355 per gram today 15 August 2025.
The price for 24 karat gold in Mumbai is Rs. 9,823 per gram.
One tola refers to 12 grams of gold. The approximate price for 1 tola gold in Mumbai is Rs. 1,17,876 for 24 karat gold and Rs. 1,12,260 for 22 karat gold.
The approximate price for 22 karat and 24 karat 2 tola gold in Mumbai is Rs. 2,24,520 and Rs. 2,35,752 respectively.
The cost for 3 tola gold in Mumbai is Rs. 3,36,780 for 22 karat and Rs. 3,53,628 for 24 karat.
The rates for 10 gm 22 karat and 24 karat gold in Mumbai are Rs. 93,550 and Rs. 98,230 as on 15 August 2025.
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.
Yes. All forms of gold purchases in Mumbai are subject to a 3% GST (1.5% CGST + 1.5% SGST) rate.
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%.
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.
Purchasing physical gold in Mumbai is considered a safe investment option in 2025 due to its tangible nature, which provides psychological security.
#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