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Gold rate in Mumbai today

Mumbai's Zaveri Bazaar is India's largest gold trading hub and often sets the tone for national rates.

24K per 10 g
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22K per 10 g
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24K per gram
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22K per gram
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Bullion dealers in Mumbai publish daily rates including import duty; jewellery shops then add making charges and 3% GST.

Figures are spot-derived reference rates, calculated from the international gold price and today's exchange rate. Jewellers add their own margin, making charges and tax.

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Questions

Why do Mumbai rates differ from international prices?
Indian rates include import duty and are converted from US dollars. GoldGPT's reference rates exclude duty and GST.
What GST applies to gold in India?
3% GST applies to the gold value, and 5% applies to making charges.

Educational estimate, not financial advice. Data sources · Disclaimer