Gold prices in Mumbai edged higher on Monday, January 13, mirroring strength in global bullion markets as investors continued to flock to safe-haven assets amid heightened uncertainty.
According to the latest data, 24K gold in Mumbai is priced at Rs 14,253 per gram, while 22K gold stands at Rs 13,065 per gram. 18K gold is currently available at Rs 10,690 per gram.
Gold rates today in Mumbai (January 13, 2026)
- 24K gold (1 gram): Rs 14,253
- 22K gold (1 gram): Rs 13,065
- 18K gold (1 gram): Rs 10,690
Gold price by quantity in Mumbai
In terms of larger quantities, 10 grams of 24K gold costs Rs 1,42,530, while 100 grams is priced at Rs 14,25,300.
For 22K gold, 10 grams is available at Rs 1,30,650, while 100 grams costs Rs 13,06,500.
Meanwhile, 18K gold is priced at Rs 1,06,900 for 10 grams, and Rs 10,69,000 for 100 grams.
Why gold prices are rising in Mumbai
The uptick in gold prices in Mumbai comes as global gold prices surged to record highs above $4,600 per ounce, driven by rising geopolitical risks and uncertainty around US monetary policy. Since domestic prices closely track international trends, the rally has translated into higher local rates.
What determines gold prices in Mumbai?
Gold prices in Mumbai are influenced by international bullion prices, rupee-dollar exchange rates, import duties, taxes, and local demand from jewellers and investors. Any major movement in global markets usually reflects quickly in Mumbai prices.
FAQs
Why is gold cheaper in Mumbai compared to Chennai?
Mumbai often has slightly lower gold prices due to better port access, lower logistics costs, and higher competition among jewellers.
Do these gold prices include GST and making charges?
No. The prices mentioned are indicative and exclude GST, TCS, and jewellery making charges.
Which gold purity is commonly used for jewellery in Mumbai?
22K gold is the most preferred for jewellery, while 24K gold is usually bought for investment.
Can gold prices change during the day?
Yes, gold prices may change multiple times in a day depending on global price movements.
Disclaimer: Gold rates mentioned above are indicative and may vary across jewellers in Mumbai. Always check final prices before purchasing.
