Gold rate today in Mumbai
Mumbai's Zaveri Bazaar is India's busiest wholesale gold and jewellery market. Live gold prices for Mumbai, India, from the international gold price.
Live · updated 30 Oct 2026, 22:43 IST · gold $3,890.06/oz · 1 USD = 95.29 INR
Gold rate today in Mumbai (incl. 15% import duty)
| Purity | 1 gram | 8 grams (1 sovereign) | 10 grams |
|---|---|---|---|
| 24K (999) | ₹13,692 | ₹1,09,536 | ₹1,36,920 |
| 22K (916) | ₹12,554 | ₹1,00,436 | ₹1,25,544 |
| 18K (750) | ₹10,279 | ₹82,234 | ₹1,02,793 |
What you pay in Mumbai with GST
| Purity, 10 grams | Gold value | GST 3% | Total before making charges |
|---|---|---|---|
| 24K (999) jewellery | ₹1,36,920 | ₹4,108 | ₹1,41,028 |
| 22K (916) jewellery | ₹1,25,544 | ₹3,766 | ₹1,29,311 |
| 18K (750) jewellery | ₹1,02,793 | ₹3,084 | ₹1,05,877 |
| 24K (999) bar or coin | ₹1,36,920 | ₹4,108 | ₹1,41,028 |
Taxes and duties on gold in India
- Import duty: 15% (10% basic customs duty + 5% agriculture cess) since 13 May 2026, up from 6%. It is part of every rupee price in India, so the rates above include it.
- GST 3% is added when you buy jewellery, coins or bars; on jewellery it is charged on the full price, including making charges. (5% GST applies only to job work, when a jeweller makes jewellery from your own gold.)
- Making charges are extra and differ by jeweller and design. In Kerala and Tamil Nadu gold is often quoted per sovereign (pavan) of 8 grams.
Prices use the international (spot) gold price and today's exchange rate. Jewellers add making charges and their own premium, and local association rates can differ slightly. Tax rules checked October 2026.
Gold rate in cities of India
Questions about gold in Mumbai
What is the 22K gold rate in Mumbai today?
Based on the live gold price at 30 Oct 2026, 22:43 IST, 22K gold in Mumbai is about ₹1,25,544 per 10 grams, including the 15% import duty, before GST and making charges.
What is the 24K gold rate in Mumbai today?
24K gold is about ₹1,36,920 per 10 grams and ₹13,692.02 per gram.
What taxes apply to gold in Mumbai?
Import duty: 15% (10% basic customs duty + 5% agriculture cess) since 13 May 2026, up from 6%. It is part of every rupee price in India, so the rates above include it. GST 3% is added when you buy jewellery, coins or bars; on jewellery it is charged on the full price, including making charges. (5% GST applies only to job work, when a jeweller makes jewellery from your own gold.) Making charges are extra and differ by jeweller and design. In Kerala and Tamil Nadu gold is often quoted per sovereign (pavan) of 8 grams.
Why is the jeweller's price different?
Jewellers add making charges for the design and work, and their own premium, and local association rates can differ a little from the international price. Use these figures to check that a quote is fair.
Gold price in other countries
