Gold Silver

Market:

Gold Price Mumbai: Today’s Rate

24K Gold (10 Grams)

₹1,55,290

₹540(-1%)

22K Gold (10 Grams)

₹1,42,350

₹1,100 (+1%)

10 Days Gold Price Mumbai History

Date	24K Gold (10g)	22K Gold (10g)
Apr 19, 2026	₹1,55,780	₹1,42,800
Apr 18, 2026	₹1,54,190	₹1,41,350
Apr 17, 2026	₹1,54,190	₹1,41,350
Apr 16, 2026	₹1,55,000	₹1,42,100
Apr 15, 2026	₹1,54,780	₹1,41,900
Apr 14, 2026	₹1,53,360	₹1,40,600
Apr 13, 2026	₹1,51,890	₹1,39,250
Apr 12, 2026	₹1,52,270	₹1,39,600
Apr 11, 2026	₹1,52,270	₹1,39,600
Apr 10, 2026	₹1,52,430	₹1,39,750

Market Intelligence & Investor Guide

Strategic drivers for Gold and Silver in the Indian Market.

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Monetary Policy

With the Fed holding rates at 3.5%, the global “pause” has stabilized bullion. We are monitoring for a potential pivot toward easing in Q3 2026, which would be highly bullish for 24K Gold.

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Currency Synergy

The USD/INR pair is currently testing resistance. Any Rupee depreciation directly impacts the landed cost of Gold in Delhi and Mumbai, regardless of international spot price movements.

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Supply & Logistics

Strategic RBI repatriation of 880 tonnes has bolstered domestic liquidity. However, Middle East transit delays are currently causing a 1.2% spike in physical delivery premiums.

Purity & Investment Grades

24K Investment Gold 99.9% Pure | 999 Hallmark | Bars & Coins

22K Standard Gold 91.6% Pure | 916 Hallmark | High-End Jewellery

18K Luxury Gold 75.0% Pure | 750 Hallmark | Diamond Setting

999 Fine Silver 99.9% Pure | Investment Grade Silver Bars

Smart Buyer’s Checklist

Always demand the HUID Hallmark (6-digit alphanumeric code).

Check “Making Charges” (Standard: 8%–14% for 22K).

Verify the Buy-Back Policy with your local jeweller.

Request a digital GST-compliant invoice for legal safety.

Effective Import Duty: 6.0% GST on Value: 3.0%

Total Tax Burden: ~9.0%

2026 Asset Performance

Gold vs. Nifty 50 Benchmarking

Time Period	Gold (MCX)	Nifty 50	Winner
Last 1 Year	+14.2%	+12.8%	👑 Gold
Last 3 Years (CAGR)	+11.5%	+15.1%	💹 Nifty 50
Last 5 Years (CAGR)	+12.1%	+13.4%	💹 Nifty 50

*Returns are indicative and based on May 2026 market closing data.

Market Glossary

Spot Price

The current market price at which gold can be bought or sold for immediate delivery.

LBMA (London Bullion Market Association)

The international trade association that sets the global standards for gold and silver bars.

HUID Number

Hallmark Unique Identification. A 6-digit alphanumeric code laser-etched on every piece of gold jewellery in India.

Making Charges

The cost added to the raw gold price for designing and manufacturing jewellery, usually charged per gram.

Frequently Asked Questions (FAQ)

What factors influence the daily Gold Price Mumbai investors see?

The Gold Price Mumbai is primarily driven by international spot prices, currency fluctuations (specifically the USD/INR exchange rate), and local demand cycles in the Mumbai bullion market. Import duties and state-level taxes also play a crucial role in determining the final retail rate.

Why is there a difference between 24K and 22K Gold Price Mumbai?

24K gold represents 99.9% purity, making it ideal for investment bars and coins. 22K gold, which is 91.6% pure, is preferred for jewellery due to its durability. The price variance reflects this purity difference and the additional making charges associated with Mumbai’s jewellery craftsmanship.

How often is the Gold Price Mumbai updated on Wealthova?

We monitor market shifts in real-time to ensure the Gold Price Mumbai displayed on our platform is accurate to the latest trading session. We advise checking our dashboard regularly as bullion market premiums can fluctuate throughout the day.

Why Trust Wealthova Insights?

Institutional grade data meets retail accessibility. We simplify complex market movements into actionable intelligence.

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Synchronized Data

We aggregate real-time feeds from the MCX, LBMA, and local Bullion Associations in Delhi and Mumbai to ensure 99.9% price accuracy.

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Strategic Depth

Our “Smart Market” approach doesn’t just show numbers; we provide the Economic Why behind every RBI policy shift and Fed interest rate pause.

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Total Transparency

From HUID Hallmark verification to 3% GST and Import Duty breakdowns, we empower you with the full technical cost structure of your investment.

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