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Gold Rate in Mumbai City Today (16th June, 2025)

City
Mumbai City
₹106,802
Pure Gold Rate
₹106,374
24 Carat Gold Rate (10 grams)
₹97,999
22 Carat Gold Rate (10 grams)
₹80,181
18 Carat Gold Rate (10 grams)
₹62,360
14 Carat Gold Rate (10 grams)

Today on 16th June, 2025 , the gold rate in Mumbai City is ₹106,374 per 10 grams for 24-carat, ₹97,999 per 10 grams for 22-carat and ₹80,181 per 10 grams for 18-carat gold. Stay updated with today's gold price in Mumbai City and neighbouring regions, and also compare them with rates from past days. Check accurate updates and compare gold prices in Mumbai City. Stay informed to make the most of your gold investments.

Pure Gold
24 Carat
22 Carat
18 Carat
14 Carat

Today Pure Gold Price Per 10 Gram in Mumbai City (₹)

Pure Gold Price Today Pure Gold Price Yesterday Change %
₹106,802 ₹106,802 0.00
Source: IBJA

Today 24 Carat Gold Price Per 10 Gram in Mumbai City (₹)

Pure Gold Price Today Pure Gold Price Yesterday Change %
₹106,374 ₹106,374 0.00
Source: IBJA

Today 22 Carat Gold Price Per 10 Gram in Mumbai City (₹)

Pure Gold Price Today Pure Gold Price Yesterday Change %
₹97,999 ₹97,999 0.00
Source: IBJA

Today 18 Carat Gold Price Per 10 Gram in Mumbai City (₹)

Pure Gold Price Today Pure Gold Price Yesterday Change %
₹80,181 ₹80,181 0.00
Source: IBJA

Today 14 Carat Gold Price Per 10 Gram in Mumbai City (₹)

Pure Gold Price Today Pure Gold Price Yesterday Change %
₹62,360 ₹62,360 0.00
Source: IBJA

22K or 24K Gold: Which is Better ?

24K gold is 99.9% pure, making it the best option for gold investment due to its high intrinsic value. However, its softness makes it less suitable for durable jewelry. On the other hand, 22K gold contains 91.6% gold and is mixed with alloys, offering greater strength and durability, making it ideal for crafting intricate and long-lasting jewelry.
If you’re looking for everyday wear jewelry, 22K gold is the better choice because of its durability. For long-term investment or savings, 24K gold is preferred for its higher purity and value retention.

Ultimately, your decision should align with your goals—whether it’s buying gold jewelry or investing in gold. Both 22K and 24K gold hold significant value in the market, so choose wisely based on your priorities.

Last 10 Days Gold Price Changes in Mumbai City

Dates 22 Carat Price (₹) 24 Carat Price (₹)
June 16, 2025 ₹97,999 ₹106,374
June 15, 2025 ₹97,999 ₹106,374
June 14, 2025 ₹97,999 1,217 ₹106,374 1,321
June 13, 2025 ₹96,781 921 ₹105,053 1,000
June 12, 2025 ₹95,860 933 ₹104,052 1,013
June 11, 2025 ₹94,927 41 ₹103,040 44
June 10, 2025 ₹94,968 296 ₹103,084 321
June 09, 2025 ₹94,672 179 ₹102,763 194
Source: IBJA
Updated: 16 Jun, 2025

Why Do Gold Rates and Consumer Prices Keep Fluctuating?

Gold rates fluctuate due to changes in international market prices, currency exchange rates, economic indicators, geopolitical events, and supply and demand dynamics.
Understanding these factors can help you make informed decisions when buying gold or tracking market trends. Stay updated on global economic developments to anticipate gold rate changes effectively.

City-Wise Gold Prices in Maharashtra

Frequently Asked Questions

What is the difference between 22 carat and 24 carat Gold?

Among the various forms of gold available in the market, 22 carat and 24 carat gold stand out prominently. Here are the specifics that differentiate these two types of gold: 22 carat gold contains 22 parts gold and 2 parts other metals like copper or silver The percentage of gold in 22 carat gold is approximately 91.67% 22 carat gold is harder and more durable than 24 carat gold due to the alloyed metals 22 carat gold is commonly used in making jewellery 24 carat gold contains 24 parts pure gold without any other metals mixed The percentage of gold in 24 carat gold is 99.99% 24 carat gold is softer and more malleable than 22 carat gold, making it less suitable for jewellery but ideal for investment purposes such as gold bars and coins

How is gold price decided?

Gold prices are influenced by several factors: Supply and demand: If the demand for gold increases or the supply decreases, the price goes up and vice versa. Central Bank Policies: Central banks hold large reserves of gold, and their buying and selling activities can influence gold prices. Economic Data: Economic indicators such as inflation, interest rates, and currency values impact gold prices. For example, when inflation is high, the demand for gold usually increases as it is seen as a hedge against inflation. Geopolitical Events: Political instability, wars, and other global events can lead to increased demand for gold as a safe-haven asset. Market Speculation: Investor sentiment and speculative trading can also affect gold prices.

What is BIS Hallmark in gold?

BIS hallmarking ensures the authenticity and purity of gold jewelry, providing consumers with confidence in their purchases. The Bureau of Indian Standards (BIS) hallmark is a certification mark that verifies the purity of gold jewellery sold in India. The components of BIS Hallmark includes the BIS Logo, which indicates that the jewellery is BIS certified; Purity/Fineness Grade that denotes the purity of the gold (e.g., 22K916 for 22 carat gold); a unique mark of the BIS-recognised Assaying and Hallmarking Centre that tested the jewellery; a unique identification mark of the jeweller who made the item; and the year of hallmarking represented by a code letter.

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