Gold prices in Mumbai edged higher on Monday, February 9, in line with firm global trends and gains seen in domestic bullion markets. The rise comes amid renewed safe-haven demand and steady buying interest in the physical market.
As per the latest rates, 24-carat gold in Mumbai is priced at Rs 15,884 per gram, while 22-carat gold is trading at Rs 14,560 per gram. 18-carat gold is quoted at Rs 11,913 per gram.
In terms of larger quantities, 10 grams of 24K gold costs Rs 1,58,840, whereas 10 grams of 22K gold is priced at Rs 1,45,600. The increase reflects stronger international gold prices, supported by geopolitical uncertainty and cautious sentiment ahead of key US macroeconomic data.
Domestic gold prices have also tracked gains in MCX gold futures, while the rupee’s relatively stable movement against the dollar has limited sharper volatility in local prices.
Consumers should note that these gold rates are indicative and exclude GST, TCS, and making charges, which vary depending on the jeweller and design.