MCX vs Retail Gold and Silver Board: What Buyers Should Compare
MCX vs retail gold and silver board explained for Gujarat buyers — futures vs jeweller quotes, why gaps appear, and how to use the live GS24LIVE board.
24K GOLD₹1,49,099Per 10g
22K GOLD₹1,36,575Per 10g
24K GOLD₹1,49,099Per 10g
22K GOLD₹1,36,575Per 10g
Gold Rate Today in Mumbai — 24K, 22K & 18K Gold Price
Today's gold price reference for Mumbai buyers. 24 carat, 22 carat and 18 carat rates are derived from the live Gold 999 board — use them to check a jeweller's quote, then confirm making and GST on the invoice.
Reference rates for general informational use. Local shop prices may differ due to making charges, GST, purity, and dealer margins. Independently verify before any purchase.
Gold Rate Today in Mumbai — 24K, 22K & 18K Gold Price
24 Carat Gold Rate Today (999)
Board rate for 99.9% pure gold, quoted per 10 grams.
- Per 10 Gram
- ₹1,49,099
- Per Gram
- ₹14,910
- Per 100 Gram
- ₹14,90,990
22 Carat Gold Rate Today (916)
Calculated from the Gold 999 board rate at 91.6% purity — indicative only.
- Per 10 Gram
- ₹1,36,575
- Per Gram
- ₹13,657
18 Carat Gold Rate Today (750)
Calculated from the Gold 999 board rate at 75% purity — common for fashion and diamond jewellery.
- Per 10 Gram
- ₹1,11,824
- Per Gram
- ₹11,182
The 22 carat, 18 carat, per-gram and per-100-gram figures above are calculated from the live Gold 999 board rate. They exclude making charges, GST and dealer spread, so a jeweller's invoice will differ. See our Disclaimer for how to use these references. Try the gold calculator or silver calculator for a weight estimate, and read the gold purity guide.
Gold Rate Today in Mumbai — 24K, 22K & 18K
Mumbai’s bullion trade centres on Zaveri Bazaar and linked jeweller networks across the city. Buyers searching for gold rate today in Mumbai usually want a clear 24 carat, 22 carat (916) and 18 carat reference before they step into a showroom.
GS24LIVE shows Mumbai figures from the same live Gold 999 board published for India / Gujarat — not a separate Mumbai association print. Tiny gaps between cities are normal; making charges, GST and shop stock still decide your invoice more than a few rupees on the board.
Use this page to sense-check metal value, then compare two written quotes. For purity marks see the gold purity guide; for a weight estimate use the gold calculator. Rates are educational references, not a buy or sell order.
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Buying gold in Mumbai — practical checks
Ask whether the shop’s “today’s rate” is 24K pure or 22K jewellery. Mixing those lines is the most common quote confusion.
Zaveri Bazaar wholesale language can differ from mall showroom making. Match purity, net weight and making on the invoice before you pay an advance.
On volatile sessions, reconfirm the rate at billing time — morning verbal quotes may not hold through the afternoon.
Educational reference only. Always verify counter rates, purity, and invoice break-up before any purchase. See our Disclaimer and About pages.
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Frequently Asked Questions
What is the gold rate today in Mumbai?
Gold 999 (24 carat) is trading at ₹1,49,099 per 10 grams in Mumbai on the GS24LIVE board. The rate refreshes every 10 seconds during market hours, so the figure on this page is the current one rather than a morning fixing.
What is the 24 carat gold price today in Mumbai?
24 carat gold, quoted on the board as Gold 999, is ₹1,49,099 per 10 grams — that works out to ₹14,910 per gram and ₹14,90,990 for 100 grams. 24 carat is 99.9% pure and is the reference used for bars, coins and wholesale trade.
What is the 22 carat gold price today in Mumbai?
22 carat gold works out to roughly ₹1,36,575 per 10 grams and ₹13,657 per gram, based on today's Gold 999 rate at 91.6% purity. This is calculated from the live board rate and excludes making charges, GST and dealer spread. Most jewellery in Gujarat is 22 carat, also stamped 916. Read our gold purity guide for 24K, 22K, 18K and BIS hallmark marks.
What is the 18 carat gold price today in Mumbai?
18 carat gold works out to roughly ₹1,11,824 per 10 grams and ₹11,182 per gram, based on today's Gold 999 rate at 75% purity (750 fineness). This is calculated from the live board rate and excludes making charges, GST and dealer spread. 18K is common for diamond-set and fashion jewellery. Estimate metal value with making and GST on the gold calculator.
What is the gold price per gram today in Mumbai?
24 carat gold is ₹14,910 per gram in Mumbai. For 22 carat, the equivalent is about ₹13,657 per gram. The board quotes gold per 10 grams, so per-gram figures are that rate divided by ten.
Why is the gold price for 10 grams the standard quote?
The Indian wholesale gold trade quotes per 10 grams, a legacy of the tola, so dealer confirmations and this board use the same unit. Jewellery retail is usually discussed per gram, which is simply the 10-gram rate divided by ten.
Why does the gold rate change during the day?
Gold is priced off international spot gold in US dollars, so the rupee rate moves with both the global price and the USD/INR exchange rate. Import duty, local demand and dealer spreads then shape the final domestic figure. Both spot gold and USD/INR are shown on the board above so you can see what is driving a move.
Will a jeweller charge exactly the rate shown here?
No. The rates on this page are wholesale market references. A retail invoice adds making charges, GST and the jeweller's spread, and buy-back is usually quoted below the board rate. Use these figures to check that a quote is reasonable, not as a final price.
Can I set an alert for a gold or silver price target?
Yes. Set a target and you will be notified when the rate reaches your level, so you do not have to watch the board all day. Manage your price alerts here.