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Gold Rates in Major Metro Cities

Current market prices for 22K and 24K gold in India's major hubs.

Metro City 22K Gold (1g) 24K Gold (1g) Silver (1g)
Mumbai ₹14,345 ₹15,649 ₹270
New Delhi ₹14,360 ₹15,664 ₹270
Chennai ₹14,500 ₹15,818 ₹270
Kolkata ₹14,345 ₹15,649 ₹270

Gold & Silver Rates in Mumbai Today (19 Feb 2026)

24K Gold (1g)

₹15,649
▲ +229 vs Yesterday

22K Gold (1g)

₹14,345
▲ +210 vs Yesterday

18K Gold (1g)

₹11,737
▲ +172 vs Yesterday

Silver (1g)

₹270
▲ +15 vs Yesterday
Last Updated: 19 Feb, 2026

7-Day Gold Price Trend in Mumbai

Date22K (1g)Change24K (1g)Silver (1g)
18 Feb 26 ₹14,135 ▬ 0 ₹15,420 ₹255
17 Feb 26 ₹14,135 ▼ -205 ₹15,420 ₹260
16 Feb 26 ₹14,340 ▼ -120 ₹15,644 ₹268
15 Feb 26 ₹14,460 ▬ 0 ₹15,775 ₹275
14 Feb 26 ₹14,460 ▲ +180 ₹15,775 ₹275
13 Feb 26 ₹14,280 ▼ -240 ₹15,578 ₹280
12 Feb 26 ₹14,520 ▼ -10 ₹15,840 ₹295

7-Day Market Trend Visualization

Historical Price Trend (Last 12 Months)

Date22K Gold (1g)24K Gold (1g)Silver (1g)
01 Jan 26 ₹12,444 ₹13,579 ₹234
01 Dec 25 ₹11,964 ₹13,048 ₹196
01 Nov 25 ₹11,314 ₹12,348 ₹166
01 Oct 25 ₹10,954 ₹11,953 ₹161
01 Sep 25 ₹10,624 ₹9,725 ₹136
01 Aug 25 ₹10,042 ₹9,195 ₹123
01 Jul 25 ₹9,065 ₹9,897 ₹120
01 Jun 25 ₹8,965 ₹9,787 ₹111
01 May 25 ₹8,820 ₹9,632 ₹109
01 Apr 25 ₹8,555 ₹9,342 ₹114
01 Mar 25 ₹8,005 ₹8,742 ₹105
01 Feb 25 ₹7,790 ₹8,507 ₹107

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Mumbai Gold Market: Navigating Today's Bullion Trends in India's Financial Capital

In the high-octane lanes of Mumbai, gold is more than a metal; it is the city's pulse. As of , the market is reacting to global indices, with the 22K gold price in Mumbai holding steady at ₹14,345. For the savvy Mumbaikar, today’s rate is just one piece of the puzzle. Over the last week, we’ve witnessed a price journey between a high of ₹14,520 and a support level of ₹14,135. This volatility is a familiar sight at the India Bullion and Jewellers Association (IBJA) headquarters here, where national gold benchmarks are often set.

The Zaveri Bazaar Legacy: Where Traditions Meet Wholesale Rates

While the rest of the world looks at screens, Mumbai looks to Bhuleshwar. The historic Zaveri Bazaar, situated near the iconic Mumbadevi Temple, remains the undisputed heart of the trade. Here, the "Mumbai rate" isn't just a number; it's a legacy. Whether you are hunting for a traditional Kolhapuri Saaj or a delicate Thushi choker, the competition among the thousands of shops in Kalbadevi often drives making charges lower than anywhere else in the country. With the monthly high sitting at ₹16,395, many local families wait for the price to retreat toward the 30-day floor of ₹14,040 before finalizing bulk wedding orders.

Suburban Splendor: Shopping from Bandra to Borivali

The quest for the perfect ornament extends far beyond South Mumbai. In the "Queen of Suburbs," Bandra West, luxury boutiques on Turner Road redefine gold as wearable art. Meanwhile, the bustling Market Road in Vile Parle and the sprawling showrooms of Borivali West cater to the massive Marathi and Gujarati communities who view gold as 'Lakshmi'—a divine blessing for the household. Investors keeping an eye on the 18K segment, currently priced at ₹11,737, often find that suburban retailers offer aggressive festive discounts during Gudi Padwa and Dhanteras, making it a prime time to buy.

Strategic Buying in 2026: Timing the Mumbai Market

Buying gold in Mumbai requires a mix of street smarts and data. With the 24K pure gold rate at ₹15,649, the spread between purity levels is a key metric for those looking at gold coins or bars as a hedge against inflation. If you missed the yearly low of ₹7,790, don't panic. By analyzing the current 7-day trend (High: ₹14,520 | Low: ₹14,135), you can spot "intra-day dips" that save thousands on a standard 10-gram purchase. Always insist on a HUID-compliant invoice, especially when shopping in high-traffic areas like Andheri West or Dadar, to ensure your investment is as pure as the city’s spirit.

Top 15 Trusted Gold Showrooms Across Mumbai

Mumbai Gold Intelligence: Frequently Asked Questions

What was the most expensive day for gold in Mumbai this week?

The peak price for 22K gold over the last 7 days reached ₹14,520. In Mumbai's fast-paced market, these highs are often influenced by sudden shifts in the USD-INR exchange rate at the nearby RBI headquarters.

Is the gold rate at Zaveri Bazaar different from the rest of Mumbai?

The base bullion rate of ₹14,345 is generally consistent; however, Zaveri Bazaar is a wholesale hub. You will likely find much lower making charges (VA) there compared to high-street malls in Lower Parel or Kurla.

What is the lowest price gold has hit in Mumbai this year?

The 12-month "bottom" for 22K gold was recorded at ₹7,790 per gram. Long-term Mumbai investors often use this figure as a benchmark for "value buying."

How cheap did gold get in Mumbai over the last 30 days?

Within the last month, the market hit a support level of ₹14,040 per gram. This was the most opportune time for Mumbaikars to buy before the current price of ₹14,345 took hold.

Where should I go for Maharashtrian temple jewelry in Mumbai?

For authentic designs like Mohan Maala or Putli Haar, the traditional shops in Dadar West and Girgaon are highly recommended, as they specialize in regional heritage craftsmanship.

What is the current price for 24K "Biscuits" in Mumbai?

Today, 24K pure gold (99.9 purity) is trading at ₹15,649 per gram in the Mumbai market.

How much did gold prices change since yesterday in Mumbai?

The 24K gold rate yesterday was ₹15,420. Comparing this to today's ₹15,649 reveals whether the Mumbai market is in a bullish or bearish phase.

Are there extra costs like GST in the Mumbai gold rate?

Yes. The quoted price of ₹14,345 is the base market rate. When you checkout at a store in Juhu or Andheri, a 3% GST and the jeweler's making charges will be added to the final bill.

Why is gold an important investment for Mumbaikars?

In the financial capital, gold is seen as 'Liquid Cash.' With today's 18K rate at ₹11,737, even smaller ornaments serve as a vital financial backup for local families.

Should I buy gold today or wait for a dip in Mumbai?

With today's rate at ₹14,345, it is wise to compare it against the 7-day low of ₹14,135. If today's price is closer to the low than the 30-day high of ₹16,395, it is generally considered a good entry point.

Gold and Silver Prices

Gold price calculation is a complex process influenced by various global and local factors. The price of gold is determined through a combination of market dynamics, economic indicators, and geopolitical events. At the heart of gold price fixation is the global gold market, where the price is primarily influenced by supply and demand. Key players include major gold producers, traders, and financial institutions, all of whom engage in buying and selling gold, thereby affecting its market price.

In addition to market forces, gold prices are also influenced by currency fluctuations, particularly the value of the U.S. dollar, as gold is typically traded in dollars. Economic conditions, such as inflation rates, interest rates, and economic stability, further impact gold prices. Geopolitical events and crises can drive demand for gold as a safe-haven asset, leading to price fluctuations.

At India level, gold prices vary from one state to state and even between cities due to factors such as local taxes, import duties, and transportation costs. In India, for instance, gold prices are updated daily based on these variables, ensuring that consumers and investors have access to current market rates. Additionally, jewelry retailers and financial institutions play a role in setting prices based on the prevailing market conditions and their own business considerations.

Gold and silver prices are influenced by various factors in the global market. Understanding these factors helps in gauging the dynamics of precious metal prices:

Factors Affecting Gold Prices:

Supply and Demand:

The balance between gold production and consumer demand plays a significant role.

Central Bank Policies:

Decisions made by central banks regarding interest rates and monetary policies impact gold prices.

Inflation and Deflation:

Gold is often considered a hedge against inflation, and its prices may rise during economic uncertainties.

Geopolitical Events:

Political instability and global events can lead to increased demand for gold as a safe-haven asset.

US Dollar Strength:

Inverse correlation exists between gold prices and the strength of the US dollar.

Factors Affecting Silver Prices:

Industrial Demand:

Silver has various industrial applications, and its price is influenced by industrial demand.

Investor Sentiment:

Silver, like gold, is influenced by investor perceptions and economic uncertainties.

Currency Movements:

Changes in currency values, especially the US dollar, impact silver prices.

Supply Constraints:

Silver mining production and supply constraints can affect prices.

Check Gold Silver Price Today

How global factors Impact on India on Gold Silver Pricing:

The global changes in gold and silver prices have a direct impact on India due to its significant consumption of these precious metals. Key influences include:

Import Costs:

India is a major importer of gold and silver. Fluctuations in global prices directly affect the cost of imports.

Consumer Demand:

Indian consumers, especially during festivals and weddings, closely monitor global prices before making purchases.

Trade Balance:

Import costs contribute to India's trade balance, affecting the overall economic scenario.

Investment Choices:

Changes in global prices influence investment decisions in gold and silver assets in India.

Overall, the interconnectedness of the global market and India's reliance on imports make it essential for individuals and policymakers to track and understand the factors influencing gold and silver prices.

Now, we can see how gold rates are fixed in india in a daily basis...


How Gold Silver Price Calculated in India ?

Gold Rate in International market + US Dollar Currency Conversion + Gold import Tax = Indian Gold rate

Find the gold Silver prices in all states of India. Maharashtra, Himachal Pradesh, Haryana, Karnataka, Sikkim,Rajasthan, Andhra Pradesh, Uttar Pradesh, Goa, Gujarat, Bihar and Pondicherry. Find Gold Price and silver price for Madhya Pradesh, Odisha, Chandigarh, Uttarakhand, Arunachal Pradesh and New Delhi. Check the Current Gold rate in West Bengal, Jharkhand, Tamil Nadu, Meghalaya, Jammu And Kashmir and Telangana. Know the latest Gold and Silver Prices in Assam, Manipur, Tripura, Mizoram, Jammu And Kashmir, Punjab, Nagaland, Andaman And Nicobar Islands, Chattisgarh and Kerala.

As we know, Gold and silver prices being updated daily for each states in india, there are slight difference in price between each city in India. Hence its essential for all of us to know the latest price in our city daily. Here we have listed down the major cities in India and the gold silver prices. You can find the gold silver prices in gold.todaypricerates.com.