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नमस्कार मुंबई!Namaskar Mumbai!Today's gold rate for Mumbai

Tuesday · 3 Nov 2026 · India

Gold rate today in Mumbai

Bhavflow’s indicative rate today: 22K gold ₹1,26,852 per 10 g (₹12,685/g), 24K gold ₹1,38,384 per 10 g (₹13,838/g), 18K gold ₹1,03,788 per 10 g (₹10,379/g) and silver ₹1,80,249 per kg. This is one national rate, not a Mumbai board rate; jewellers in Mumbai may quote slightly different prices.

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The essentials

Today's rates

Mumbai · national indicative rate · gold per 10 g (per gram below), silver per kg

Today’s rates · 3 Nov

Silver

999 fine

₹1,80,249/kg

₹1,802/10 g

Down −₹1,615−0.89%vs 1 Nov
Details: Silver

IBJA benchmark, 3 Nov 2026

PurityAMPM
Gold 999 (24K), per 10 g₹1,38,118–
Gold 995, per 10 g₹1,37,565–
Gold 916 (22K), per 10 g₹1,26,516–
Gold 750 (18K), per 10 g₹1,03,589–
Silver 999, per kg₹1,77,300–

PM rates are not published yet.

Source: India Bullion and Jewellers Association (ibjarates.com). Benchmark rates excluding GST and making charges, published twice a day; Bhavflow’s own rate is in the cards above.

Before you buy: Indicative rate, excludes 3% GST and making charges. How we calculate

Calculate jewellery priceRate × weight + making charge + 3% GST

Gold price by weight

At Bhavflow’s national indicative rate, excluding GST and making charges.

WeightGold 24KGold 22KGold 18K
1 gram₹13,838₹12,685₹10,379
8 grams (1 sovereign / pavan)₹1,10,707₹1,01,481₹83,030
10 grams₹1,38,384₹1,26,852₹1,03,788
12 grams (≈ 1 tola)₹1,66,061₹1,52,222₹1,24,545
100 grams₹13,83,838₹12,68,518₹10,37,878

Gold rate in Mumbai: last 10 days

22K and 24K per 10 g at Bhavflow’s national indicative rate, excluding GST; change vs the previous day.

Date22K / 10 g24K / 10 gChange (22K / 10 g)
3 Nov 2026₹1,26,852₹1,38,384Up +₹647+0.51%
1 Nov 2026₹1,26,205₹1,37,678Up +₹34+0.03%
31 Oct 2026₹1,26,171₹1,37,641Down −₹27−0.02%
30 Oct 2026₹1,26,198₹1,37,670Down −₹4,230−3.24%
29 Oct 2026₹1,30,428₹1,42,286Down −₹1,308−0.99%
28 Oct 2026₹1,31,736₹1,43,712Up +₹318+0.24%
27 Oct 2026₹1,31,418₹1,43,365Up +₹683+0.52%
26 Oct 2026₹1,30,735₹1,42,620Up +₹1,017+0.78%
25 Oct 2026₹1,29,718₹1,41,510Up +₹121+0.09%
24 Oct 2026₹1,29,597₹1,41,379Up +₹27+0.02%

Why prices in Mumbai can differ

Bhavflow publishes one national indicative rate. A Mumbai jeweller’s board rate can be slightly higher or lower because of local association or bullion-dealer rates, transport and insurance costs, and the shop’s own margin; making charges and 3% GST come on top.

Because bullion is traded in Mumbai, local jewellers’ rates tend to sit close to IBJA benchmarks. IBJA publishes rates twice a day, and many jewellers revise their board rate during the day as international prices move.

Bhavflow calibrates its estimated domestic premium against IBJA benchmark rates, but it calculates its own figure, so it can still differ from a Mumbai jeweller on any given day.

Where to buy gold in Mumbai

Mumbai is the centre of India's bullion trade. The India Bullion and Jewellers Association (IBJA), whose benchmark rates are widely quoted, is based here, and Zaveri Bazaar in Kalbadevi is the country's best-known wholesale gold market.

Zaveri Bazaar, Kalbadevi
More than a century old: a dense cluster of bullion dealers, refiners, manufacturers and retail jewellers near the Mumba Devi temple. Good for comparing making charges, but busy; insist on a proper GST invoice.
Dadar and Girgaon
Long-standing family jewellers, popular for Maharashtrian designs such as the thushi necklace and the nath (nose ring).
Suburbs and Thane
Large showrooms of national chains in Andheri, Borivali, Ghatkopar, Thane and other suburbs.

Buying gold in Mumbai: a local guide

Local bullion market

Mumbai is the hub of India’s bullion trade. Zaveri Bazaar in Kalbadevi, more than a century old, packs bullion dealers, refiners, wholesalers and retail jewellers into a few crowded lanes, and the India Bullion and Jewellers Association (IBJA), whose benchmark rates are widely quoted, is based in the city. Dadar, Girgaon and the suburbs have long-established family jewellers and chain showrooms.

Hallmarking and purity testing

Many BIS-recognised Assaying & Hallmarking Centres are located around Zaveri Bazaar and Kalbadevi, close to where jewellery is made and traded. Each hallmarked piece should carry the BIS logo, its purity grade and a 6-digit alphanumeric HUID. Buyers can also take jewellery to any recognised centre for a paid purity test; the official list is on the BIS website.

Festivals and wedding season

Gudi Padwa, Akshaya Tritiya, Dussehra and Dhanteras are the traditional gold-buying days in Maharashtra, and the wedding season adds steady demand. Many families buy at least a small coin or piece on these days, even when prices are high.

Buying tips

Because rates can change during the day, ask which rate the shop is using and when it was set. In Zaveri Bazaar, compare making charges across a few shops, insist on a proper GST invoice with 3% GST shown separately, verify the HUID in the BIS CARE app, and ask how much the shop deducts on buyback or exchange.

Before you buy: hallmark, HUID and making charges

  • Check the BIS hallmark on every piece: the BIS logo, the purity grade (for example 22K916 or 18K750) and a 6-digit HUID. Since 1 April 2023, registered jewellers may only sell hallmarked gold jewellery that carries a HUID (small items under 2 g and kundan, polki and jadau pieces are exempt).
  • Verify the HUID in the BIS CARE app (Verify HUID): it shows the purity, the type of article and the jeweller’s registration, which should match your bill.
  • Making charges vary widely. As general guidance, machine-made chains and plain bangles are often in the range of about 3–10% of the gold value, while handcrafted, temple, antique or filigree work commonly runs 12–25% or more; some jewellers charge a flat amount per gram instead. Ask for the charge in writing and compare shops.
  • 3% GST is charged on the jewellery bill. Ask for a GST invoice that lists net weight, purity, rate per gram, making charges, HUID and tax separately.
  • Ask about buyback and exchange terms before you buy: most jewellers pay the day’s rate for the tested purity minus a deduction.

More detail on purity and pricing: 22 carat gold rate and price guide.

Read before you buy gold in Mumbai

Gold rate in Mumbai: FAQ

What is the IBJA rate, and how is it different from Bhavflow’s?

IBJA publishes benchmark rates (excluding GST) for several purities twice a day, compiled from bullion dealers. Bhavflow calculates its rate from international spot prices, USD–INR, import duty and an estimated premium calibrated to IBJA, so the two are close but not identical.

Is gold cheaper in Zaveri Bazaar?

The gold rate itself is similar across Mumbai. Wholesale-oriented shops may offer lower making charges, so compare the full bill: weight × rate, plus making charges, plus 3% GST, and check the HUID.

Mumbai mein sone ka bhav aaj kya hai? (gold rate today in Mumbai)

Sone ka bhav aaj, today’s gold rate, is at the top of this page: Bhavflow’s national indicative rate for 22K, 24K and 18K gold per 10 grams and per gram, and chandi ka bhav aaj ka (today’s silver rate) per kg, all excluding GST and making charges. The IBJA benchmark (AM and PM) is shown next to it for comparison.

Does Bhavflow show a Mumbai-specific gold rate?

No. Bhavflow publishes one national indicative rate, calculated from international prices, and shows it on every city page. Jewellers in Mumbai may quote slightly different rates because of local association or bullion-dealer rates, transport and insurance costs and their own margins, and they add making charges and 3% GST.

Gold rate in other cities

Simple numbers. Clear assumptions. 🌿

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