Gold rate today in Mumbai are ₹8,123 per gram for 24 carat gold, ₹7,450 per gram for 22 carat gold, and ₹6,100 per gram for 18 carat gold (also known as 999 purity gold).
| 24k Gold/1 gm | 22k Gold/1 gm | 18k Gold/1 gm |
|---|---|---|
| ₹8,123 | ₹7,450 | ₹6,100 |
Today Gold Rate in Mumbai 24 Carat
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1g | ₹8,123 | ₹8,111 | +₹12 |
| 8g | ₹64,984 | ₹64,888 | +₹96 |
| 10g | ₹81,230 | ₹81,110 | +₹120 |
| 100g | ₹8,12,300 | ₹8,11,100 | +₹1,200 |
Today Gold Rate in Mumbai 22 Carat
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1g | ₹7,450 | ₹7,435 | +₹15 |
| 8g | ₹59,600 | ₹59,480 | +₹120 |
| 10g | ₹74,500 | ₹74,350 | +₹150 |
| 100g | ₹7,45,000 | ₹7,43,500 | +₹1,500 |
Today Gold Rate in Mumbai 18 Carat
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1g | ₹6,100 | ₹6,083 | +₹17 |
| 8g | ₹48,800 | ₹48,664 | +₹136 |
| 10g | ₹61,000 | ₹60,830 | +₹170 |
| 100g | ₹6,10,000 | ₹6,08,300 | +₹1,700 |
*Note: Gold rates reflect market trends and interest rates. Prices exclude GST, TCS, and other charges. For accurate rates, contact your local jeweller. Making charges may apply.
About Gold Rate in Mumbai
Mumbai is the financial capital of India, It is a hub for gold trading and investment. The gold rate in Mumbai plays a important role in determining gold rate across India. Over the years, gold has become costly, but is still a significant asset.
Investing in gold symbolizes prosperity and growth. It also helps you to diversify your portfolio and protect your money from market volatility.
Factors to Consider when Investing in Gold?
To determine the gold carat (24K, 22K, 18K), it is integral to check for specific details that can authenticate its purity.
- Check With The Jewelers:
- Validate With Hallmarks or Stamps:
- See For Shine And Color:
- Take The Magnet Test:
- Check The Density or Weight :
- Remember the Certificate:
Above all, choose a trusted and reputable jeweler to find the best and purest form of gold. They value their customers and will provide genuine and quality gold
Is Gold a Safe Investment?
Gold as an investment or precious metal has been bought for ages. It has been a pride ornament for many households for years now. Similarly, people have been buying gold over the years to strengthen their wealth and safeguard their hard-earned money.
It is always considered a steady investment as it is inflation-proof. Even when the money is under pressure, gold beats the inflations and its prices remain unaffected, making it a safe haven.
Plus, gold as a metal cannot be destroyed or damaged, making it a life-long valuable metal. You can also invest in gold as bars or coins, or rather enjoy the perks as beautiful ornaments.
What is gold ETF and how safe is it for investment?
A Gold Exchange-Traded Fund (ETF), a kind of investment, is traded in the stock exchange like a stock and has a value that is a direct representation of the price of gold. Here, investors are issued gold that is in electronic format in the form of an ETF rather than it being in a physical format. One unit of the ETF normally contains a certain amount of gold usually one gram.
With Gold ETFs, investors can simply sidestep the security problems of having to store gold as physical assets; additionally, there is a fair amount of selling pressure. They do allow investors to trade the units at any time during trading hours.
When discussing safety and risk, Gold Exchange Traded Funds are thought of as a very low-risk investment. In India, Gold ETFs are regulated by SEBI ensuring transparency and protecting investors. However, like many investments, they do have risk exposure. Gold market value, for instance, is dependent on the global economy, capital markets, and supply and demand factors.
If a person wishes to increase his or her portfolio or protect it from inflation and political abuse, Gold ETFs will be the best option. To protect wealth, Gold ETFs are the best choice when it comes to the long-term view due to the convenience and security provide.
Gold Rate Calculator Mumbai
Gold Price Today in Major Indian Cities
FAQs - Gold Rate Today in Mumbai
What is the current rate for 24K gold?
The current rate for 24K gold is ₹8,123 per gram.
What is the current rate for 22K gold?
The current rate for 22K gold is ₹7,450 per gram.
What is the current rate for 18K gold?
The current rate for 18K gold is ₹6,100 per gram.
Which is the purest form of gold carat to invest in?
While each gold carat has its own significance and purpose, 24 Carat gold is the purest form of gold. It is the most expensive because of its purity and density.
Is Gold a liquid asset?
Gold is considered a highly liquid asset as it can be traded and sold for cash anywhere in the world. This also makes it a valuable choice of investment.
Does gold get spoiled or corrode over time?
Pure gold, the 24K gold does not erode. However, when mixed with other metals gold has a slight chance of corroding in the future. Make sure to maintain it regularly.