Skip to content

Gold rate today in Mumbai

Indicative India rate as on 1 Nov 2026, 11:02 AM IST, excluding GST

Finfod Research DeskUpdated 1 Nov 2026How we check

On this page7 sections
  • 24K999 purity

    ₹13,888/g

    ₹1,38,880 per 10 g

    ₹0 · 0.00%vs yesterday

  • 22K916 purity

    ₹12,730/g

    ₹1,27,300 per 10 g

    ₹0 · 0.00%vs yesterday

  • 18K750 purity

    ₹10,416/g

    ₹1,04,160 per 10 g

    ₹0 · 0.00%vs yesterday

Same rate across India. Indicative India rate. Mumbai jewellers set their own board rate, which can differ slightly.

Making charges are extra. A shop can also add GST on its own bill. This page does not add a city premium.

Gold price by weight in Mumbai

Prices excluding GST. 1 tola is 11.66 g.
Weight24K22K18K
1 g₹13,888₹12,730₹10,416
8 g₹1,11,104₹1,01,840₹83,328
10 g₹1,38,880₹1,27,300₹1,04,160
1 tola11.66 g₹1,61,934.08₹1,48,431.80₹1,21,450.56
100 g₹13,88,800₹12,73,000₹10,41,600

Excluding GST and making charges. 1 tola is 11.66 g. 1 Nov 2026, 11:02 AM IST.

Last 10 days

24K per gram, excluding GST. Change is versus the previous published day. Days with no published rate are left blank. The line is not drawn across a gap.

23 Oct 20261 Nov 2026
Last 10 days. 24K per gram, excluding GST. Change is versus the previous published day. Days with no published rate are left blank. The line is not drawn across a gap.
Date24K /g22K / 10 gChange
1 Nov 2026₹13,888₹1,27,300₹0
31 Oct 2026₹13,888₹1,27,300−₹338
30 Oct 2026₹14,226₹1,30,400−₹169
29 Oct 2026₹14,395₹1,31,950₹0
28 Oct 2026₹14,395₹1,31,950+₹66
27 Oct 2026₹14,329₹1,31,350+₹54
26 Oct 2026₹14,275₹1,30,850+₹17
25 Oct 2026₹14,258₹1,30,700₹0
24 Oct 2026₹14,258₹1,30,700+₹10
23 Oct 2026₹14,248₹1,30,600−₹190

Buying gold in Mumbai

Zaveri Bazaar, in South Mumbai, is where bullion traders and jewellery shops post their own boards. The cards on this page are the indicative India rate, not that board. Use them to see the metal, then read the shop’s making charges.

  • Ask for the BIS mark and the 6-character HUID on a gold jewellery piece, and match the code to the bill.
  • Ask the shop to write the gram weight. A tola on this page is 11.66 g, not 10 g and not 12 g.
  • Compare two Zaveri Bazaar quotes on purity, weight and making charges. Do not invent a Mumbai premium to explain the gap.
  • GST on this page is 3% of the metal. A shop bill can also put GST on the making charges. Read the invoice.

What will my jewellery cost?

Type the weight and making charge from the shop’s quote.

grams
% of gold value

Gold value

₹1,27,300

Making (12%)

₹15,276

GST (3%)

₹4,277

Estimated bill

₹1,46,853

GST at 3% is on the gold value plus making charges. Some shops charge making per gram instead of a percentage.

Hallmarking · GST calculator · Gold rate today in India

Frequently asked questions

Is the gold rate in Mumbai different from the rest of India?

This page does not publish a separate Mumbai gold rate. Indicative India rate. Mumbai jewellers set their own board rate, which can differ slightly. The same India figures are on the national gold page.

Why might a Zaveri Bazaar jeweller quote more than this page?

The shop sets its own board and its own making charges. A design, a stone or wastage can raise the bill. This page prices the metal only, so a higher quote is not a Mumbai premium we have measured.

Does this Mumbai page include 3% GST and making charges?

The cards open on the rate excluding GST. Switch on 3% GST to add tax on the metal. Making charges are in neither view. A recognised hallmark centre bills the jeweller ₹75 per gold article. That is the centre’s charge to the shop, not a fee the law sets for you.

What should I check on a Mumbai jewellery bill?

Purity, net weight in grams, the rate used, making charges and GST. Where the hallmark order applies, match the 6-character HUID. A piece under 2 g sits outside that order. Keep the bill.

What is one tola at a Mumbai counter?

One tola on this page is 11.66 grams. Ten grams is a little under a tola. If a counter still says “tola” for 10 g, ask them to write the grams on the bill before you compare it with these cards.

Gold rate in other cities

Every city uses the same indicative India rate. A jeweller’s board can differ. We do not add a city premium.