Gold prices in Mumbai edged higher across all purity levels on Monday, January 20, tracking the broader upward movement in domestic bullion rates.
According to the latest available data, the price of 24-carat gold in Mumbai was quoted at Rs 14,728 per gram. At the same time, 22-carat gold was priced at Rs 13,500 per gram, while 18-carat gold stood at Rs 11,046 per gram.
Mumbai, one of India’s key bullion trading hubs, often mirrors national gold price trends closely due to its strong wholesale and retail market participation. Price movements in the city are influenced by global cues, currency fluctuations, and local demand from jewellery and investment segments.
The rates mentioned are indicative prices for one gram of gold and do not include GST, TCS, making charges, or jeweller-specific premiums. Actual prices may vary across different retail outlets and locations within Mumbai.
Disclaimer:
The information provided is for informational purposes only and should not be considered financial or investment advice. Gold prices are indicative and subject to change based on market conditions, local taxes, and jeweller margins. Readers should confirm rates with local jewellers before making any purchase.