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Gold & Silver Rates Today (4/Feb/2026)

Live market rates for Mumbai, Maharashtra

24K Gold (1g)

₹15,175 ▼ -142
22 Carat (1g) ₹13,910 ▼ -130
24 Carat (10g) ₹151,750
22 Carat (8g) ₹111,280

Silver (1g)

₹280.00 ▼ -20
Silver (1kg) ₹280,000

Platinum (1g)

₹7,493
Platinum (8g) ₹59,944
Gold Rate Silver Rate Diamond Rate Platinum Rate Trend History Gemstones

Gold Rates in All State Capitals

Compare today's prices across major Indian cities. Click on a city name to view detailed charts and local showroom details.

City (State) 22K Gold (1g) 24K Gold (1g) Silver (1g)
Agartala (Tripura) ₹13,910 ₹15,175 ₹280
Ahmedabad (Gujarat) ₹13,915 ₹15,180 ₹280
Aizawl (Mizoram) ₹13,910 ₹15,175 ₹280
Amritsar (Punjab) ₹13,925 ₹15,190 ₹280
Bengaluru (Karnataka) ₹13,910 ₹15,175 ₹280
Bhopal (Madhya Pradesh) ₹13,915 ₹15,180 ₹280
Bhubaneswar (Odisha) ₹13,910 ₹15,175 ₹280
Chandigarh (Chandigarh) ₹13,925 ₹15,190 ₹280
Chennai (Tamil Nadu) ₹14,030 ₹15,306 ₹280
Dehradun (Uttarakhand) ₹13,925 ₹15,190 ₹280

Gold Price Today: An Overview

Today's Gold rate in Mumbai is ₹13,910 for 22 Carat and ₹15,175 for 24 Carat per gram.

How Gold Price is Fixed?

In India, gold prices are determined by international market trends (LBMA) and the USD-INR exchange rate. Local taxes and import duties also play a significant role in the daily price variation across different states.

Silver & Gemstones

Silver prices often mirror gold trends but with higher volatility. Check our dedicated pages for Diamond, Platinum, and Gemstone rates updated twice daily.

How Is Gold Price Fixed in India?

Gold prices in India are determined by a combination of international market trends and domestic factors. Since India is one of the largest consumers of gold in the world, even small changes in global or local conditions can impact prices significantly.

1. Global Gold Prices

International gold prices are primarily set through trading on global bullion exchanges such as the London Bullion Market Association (LBMA) and the New York Commodity Exchange (COMEX). These prices are quoted in US dollars per ounce and serve as the base reference for gold pricing worldwide.

2. Currency Exchange Rates (USD to INR)

Because gold is traded internationally in US dollars, the exchange rate between the Indian Rupee (INR) and the US Dollar (USD) directly affects gold prices in India. A weaker rupee increases gold prices in rupee terms, while a stronger rupee makes gold relatively cheaper.

3. Domestic Demand and Supply

Local demand plays a major role in gold pricing. Wedding seasons, festivals like Diwali and Akshaya Tritiya, and investment demand often lead to higher prices. Industrial usage and availability also influence short-term price movements.

4. Import Duties and Taxes

India imports most of its gold, and government-imposed charges such as customs duty and Goods and Services Tax (GST) are added to the base price. Any change in these taxes directly impacts the final gold rate paid by consumers.

5. Jeweler Margins and Retail Markups

Retail jewelers add making charges, wastage costs, and profit margins to the gold price. These charges vary based on design complexity, brand value, and location, leading to slight price differences between cities and stores.

6. Daily Gold Price Updates

Gold prices in India are updated daily, usually twice a day, reflecting global market movements, currency fluctuations, and local demand. Rates are published by bullion associations, financial news portals, and local dealers.

In summary: The gold price in India is a blend of international gold rates, USD-INR exchange rates, government taxes, and domestic market conditions.


Silver Pricing in India – An Overview

Silver prices in India are influenced by both global and domestic factors. International silver prices are determined on commodity exchanges such as the London Metal Exchange (LME) and COMEX and are quoted in US dollars per ounce.

The USD-INR exchange rate plays a key role in determining local silver prices. A weaker rupee generally leads to higher silver rates in India.

Domestic demand from jewelry, silverware, and industrial applications—such as electronics, solar panels, and photovoltaics—also affects pricing. Seasonal demand during festivals and weddings can lead to temporary price increases.

Import duties, GST, and retailer margins further contribute to the final silver price paid by consumers.


Latest Gold, Silver, Diamond, Platinum & Gemstone Rates Today

Find the latest gold rate today and silver rate today at gold.todaypricerates.com. We provide updated gold, silver, diamond, platinum, and gemstone prices across all Indian states and cities.

Our database covers gold and silver prices for more than 1,000 cities in India. Gold rates are categorized by 22 Carat and 24 Carat purity and are available per gram, 8 grams, and 10 grams. Prices are updated daily in both the morning and evening to reflect market changes.

Diamond Rate in India

Diamond prices are influenced by global market dynamics governed by major organizations such as De Beers and the Gemological Institute of America (GIA). Pricing depends heavily on the Four Cs—Carat, Cut, Color, and Clarity.

Diamonds are typically priced in US dollars, making currency exchange rates an important factor in determining local prices. Import duties, GST, and retailer margins also affect final diamond prices in India.

In India, diamonds are mainly used in fine jewelry, including engagement rings and luxury ornaments. Demand is shaped by cultural traditions, income levels, and evolving fashion trends.


Gold & Silver Rates Across Indian States and Cities

We provide gold, silver, diamond, platinum, and gemstone rates for all Indian states, including Andhra Pradesh, Uttar Pradesh, Goa, Bihar, Pondicherry, Madhya Pradesh, Odisha, Maharashtra, Telangana, West Bengal, New Delhi, Jammu & Kashmir, and more.

Check today’s gold and silver prices for states such as Tamil Nadu, Kerala, Karnataka, Gujarat, Rajasthan, Punjab, Haryana, Himachal Pradesh, Assam, Tripura, Manipur, Meghalaya, Nagaland, Sikkim, Andaman & Nicobar Islands, Chhattisgarh, and Jharkhand.

You can also find international gold and silver prices by country, making it easy to track global precious metal trends.