24K Gold Rate in Mumbai Today (05 March 2026)
Today's Gold Price by Weight
| Weight | 24K (999) |
|---|---|
| 1 gram | ₹16,288 |
| 8 grams | ₹1,30,304 |
| 10 grams | ₹1,62,880 |
| 1 Tola (11.664g) | ₹1,89,983 |
| 100 grams | ₹16,28,800 |
Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.
Market Analysis
Today's gold rate in Mumbai is ₹14,930 per gram for 22k gold. The price has decreased by 0.00% compared to yesterday. Over the last 30 days, the highest recorded rate was ₹15,865 on 1 March and the lowest was ₹14,760 on 26 February. The market has shown high volatility of 7.49% this month.
Gold Investment Guide for Mumbai
Digital Gold vs Physical Gold
Taxation on Gold
Checklist Before Buying
2. Compare Making Charges across jewelers in Mumbai.
3. Ensure the invoice includes the HUID code for buyback assurance.
24K Gold (999 Purity) Investment Prices in Mumbai per Gram
Today, the 24K gold rate in Mumbai is ₹16,288 per gram. Referred to as 999 purity, 24K is the purest gold in Mumbai, ideal for investment coins and bars rather than jewelry due to its natural softness.
Mumbai is the national IBJA benchmark city, which means buying gold here typically costs the least of any major Indian metropolis. Zaveri Bazaar near CST offers both wholesale and retail access; for investment coins, compare prices across two or three shops since making charges can vary by 0.5–1% even within a single lane. Avoid buying gold during peak Dhanteras crowds when prices may be slightly inflated by demand.
Get the latest 24K gold price in Mumbai per gram. Track live 999 purity trends and investment updates for Mumbai today.
Trend
| Date | Price / g | Change / g |
|---|---|---|
| 05 March 2026 | ₹16,288 | -₹163 (-0.99%) |
| 04 March 2026 | ₹16,451 | -₹551 (-3.24%) |
| 03 March 2026 | ₹17,002 | -₹49 (-0.29%) |
| 02 March 2026 | ₹17,051 | -₹257 (-1.48%) |
| 01 March 2026 | ₹17,308 | +₹437 (+2.59%) |
| 28 February 2026 | ₹16,871 | +₹714 (+4.42%) |
| 27 February 2026 | ₹16,157 | +₹55 (+0.34%) |
| 26 February 2026 | ₹16,102 | -₹87 (-0.54%) |
| 25 February 2026 | ₹16,189 | +₹11 (+0.07%) |
| 24 February 2026 | ₹16,178 | +₹43 (+0.27%) |
Gold Rate in Other Cities
FAQ
Why is 24K gold not used for jewelry in Mumbai?
24K gold is 99.9% pure and extremely soft. If used for jewelry, it would easily bend or break. Jewelers in Mumbai recommend 22K or 18K for durability.
Is 24K gold in Mumbai a good investment?
Yes, 24K gold bars and coins are the most liquid investment assets in Mumbai. They offer the highest resale value because there is no purity loss during melting.
What does 999 purity mean for 24K gold?
999 purity means the gold is 99.9% pure. When buying 24K gold in Mumbai, always look for the 999 mark to ensure you are getting investment-grade bullion.
Can I convert my 24K coins into jewelry in Mumbai?
Yes, you can take 24K coins to any jeweler in Mumbai. They will melt it and add alloys to create 22K or 18K jewelry, though you will pay making charges for the new ornaments.
How can I check if my 24K gold is real in Mumbai?
Look for the BIS Hallmark and the 999 purity stamp. You can also visit an acid-testing center or use an XRF machine at reputable gold dealers in Mumbai.