16 April 2025
| Gold Type | Price per Gram (INR) | Price per 10 Grams (INR) |
|---|---|---|
| 24K Gold | ₹9,519 | ₹95,197 |
| 22K Gold | ₹8,721 | ₹87,217 |
| 18K Gold | ₹7,130 | ₹71,390 |
Today Gold Rate in Mumbai is ₹9,519 per gram for 24 Karat gold and ₹8,721 per gram for 22 Karat gold
Gold Rate in Mumbai- Last 10 Days
| Date | 24K Gold (₹/10g) | 22K Gold (₹/10g) |
|---|---|---|
| 16/04/2025 | ₹95,197 | ₹87,217 |
| 15/04/2025 | ₹95,687 | ₹87,717 |
| 14/04/2025 | ₹95,687 | ₹87,717 |
| 13/04/2025 | ₹95,797 | ₹87,727 |
| 12/04/2025 | ₹95,437 | ₹87,487 |
| 11/04/2025 | ₹89,747 | ₹82,267 |
| 10/04/2025 | ₹90,397 | ₹82,867 |
| 09/04/2025 | ₹90,677 | ₹83,117 |
| 08/04/2025 | ₹93,417 | ₹85,637 |
| 07/04/2025 | ₹92,857 | ₹85,117 |
The gold rate today in Mumbai, the heart of Maharashtra, is a hot topic for people living here and those saving money in this busy market. Whether you’re looking at 24 carat coins or 22K jewellery, knowing the current prices and rules can make buying more fun. Here are some things which we have to know before buying the gold!
RBI’s control on gold imports?
The Reserve Bank of India (RBI) keeps an eye on gold coming into the country with rules like import taxes and limits. By tweaking these, the RBI changes how much gold is around, which moves the gold rate today in Mumbai and other cities of india. Higher taxes can make prices go up, so 10 grams of pure gold costs more in the city’s shops.
Can i receive gold as a gift without paying tax?
Yes, you can get gold as a gift without tax if it’s from family like your parents or husband/wife, It’s okay under India’s tax rules. But if it’s from someone not in your family and worth more than ₹50,000, like jewellery or coins you might have to pay tax.
How much gold can a married woman own legally?
There’s no fixed limit, but tax rules say a married woman can have up to 500 grams of gold jewellery without any questions.If she has More than that, she might need papers to show where it came from. Mumbai buyers should keep this in mind! this article gives complete info about these limits.
What is the maximum amount of gold i can buy without a PAN card?
You can buy gold worth up to ₹2 lakh in cash without showing your PAN card. After that, shops in Mumbai ask for your PAN number to follow rules against sneaky money stuff. This matters if you’re grabbing big amounts like 1 kg or pricey 24K gold.
What is the penalty for smuggling gold in India?
Sneaking gold into India, even Mumbai, gets you in big trouble. a fine up to three times the gold’s price or jail for up to seven years, depending on how much you’ve got. This strict rule keeps gold trade fair and helps keep prices steady.
How does GST impact gold jewelry prices in Mumbai?
The 3% GST tax on gold jewellery makes a difference in Mumbai. For a 10-gram 22K piece, this tax gets added to the main price and extra making costs, pushing the total up. Shops like Titan or Malabar Gold include this in their live prices, so it’s smart to ask and check!