Mumbai Gold Rate Today – 1st July 2025
- 24 Carat Gold: ₹9,840 per gram
- 22 Carat Gold: ₹9,020 per gram
- 10 grams (24K): ₹98,400
- 10 grams (22K): ₹90,200
Note: These prices are indicative and may vary slightly across jewellers. GST and making charges are not included.
Understanding Gold Purity: 24K vs 22K
- 24K Gold (99.9% pure): Best for investment, not ideal for jewellery due to softness.
- 22K Gold (91.6% pure): Commonly used in jewellery, durable and valuable.
What Affects Gold Prices in Mumbai?
- Global gold market trends
- USD-INR exchange rate
- Import duties & GST
- Local demand during festivals and wedding seasons
- Inflation and interest rate movements
Gold price in Mumbai today 1st July 2025 gold rate 24 carat gold rate Mumbai 22 carat gold price today Mumbai gold rate live update
Conclusion
Gold continues to be a trusted asset in Mumbai, whether for weddings, festivals, or long-term investment. With today’s rates at ₹9,840 (24K) and ₹9,020 (22K), it’s a good time to evaluate your buying or investing strategy.