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Silver rates in Mumbai today are as follows: Silver 10g: Rs 1,526, Silver 100g: Rs 15,260, Silver 1kg: Rs 1,52,600. These prices change daily but give a good idea for those planning to buy or sell.

Mumbai has one of the busiest silver markets in India. Here, people use silver not only for jewellery but also for gifts and utensils, especially during festivals. Silver shops in places like Zaveri Bazaar and Crawford Market see many buyers every day.

Demand in Mumbai often goes up during the wedding season and on festival days such as Diwali and Gudi Padwa. Many prefer silver because it is more affordable than gold. Also, buying small amounts is easy for families with different budgets.

International rates also affect local silver prices. When the US dollar rises or if there is global uncertainty, silver rates usually go up here too. GST and making charges are extra, so final prices in shops can be a bit higher than the rates above.

Silver is softer than gold, so jewellery made with it needs more care. It can lose shine over time or get scratched. But in Mumbai, silver coins and bars are big sellers among small investors. People trust it for saving money in physical form.

If you plan to buy silver, check rates on the same day. Go to trusted shops where you get a bill. In Mumbai, with its busy markets and trade, you will always find options for every type of buyer. But remember, silver prices can change anytime, sometimes even within a single day. Always stay updated.

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Gold rates in Mumbai today are: Gold 24k: Rs 1,22,580 for 10g, Gold 22k: Rs 1,12,360 for 10g, and Gold 18k: Rs 91,940 for 10g. Prices change daily, so what you see now might be different by tomorrow.

in Mumbai, gold is more than just jewelry. people buy gold for weddings, gifts, or as an investment. many see it as a safe place to put their money while saving for the future. jewellers in Zaveri Bazaar, Dadar, and Borivali stay busy, especially during festivals like Diwali and Akshaya Tritiya.

gold prices depend on a few things. world market rates matter the most. if the global price goes up, so does the local price. the strength of the rupee also affects rates. when the rupee weakens against the dollar, gold becomes more expensive. import duties set by the government make a difference too.

many people in mumbai still buy real gold. some also buy digital gold or gold ETFs, but the traditional way is popular. always check the latest rate before buying. even a small change in price can make a big difference if you’re buying for a big occasion.

buying gold in mumbai is simple, but check the purity before you pay. 24k is the purest, but it’s soft and not always used for heavy jewelry. most jewelry sold is 22k. 18k is also sold for lighter designs.

gold rates are high right now. if you must buy, compare prices at a few stores. make sure to buy hallmarked gold. ask for a proper bill. and keep track of prices if you plan to invest or sell later.

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A shocking incident has come to light from Mumbai where a retired couple lost their entire savings of Rs 1.7 crore after falling victim to a massive online share trading scam operated through a fake WhatsApp investment group.

The victims a retired petroleum company administrator and his wife a former BMC school teacher were primarily dependent on their pensions for their daily expenses.

According to the East Cyber ​​Police the incident began on June 24 when the husband was added to a WhatsApp group claiming to offer stock trading opportunities. The group had several administrators who identified themselves as representatives of a company allegedly registered with the Securities and Exchange Board of India (SEBI).

They shared official-looking investment documents and persuaded members to download an app via a link and invest in the suggested stocks.

Believing the group to be legitimate the man initially invested Rs 50,000. Over the next few months between June and October, he transferred money multiple times to accounts provided by the group, totaling Rs 1.7 crore. The group also displayed fake trading dashboards showing profits further enticing him to invest more.

However when he later tried to withdraw his money he discovered that the app was not working and all the contacts in the group had disappeared. Shortly afterward the WhatsApp group was also deleted.

Realizing he had been scammed, the man filed a complaint with the cyber police. An FIR has been registered under sections 420 and 34 of the Bharatiya Nyaya Sanhita (BNS) and relevant sections of the Information Technology Act. Investigators are now trying to trace the scammers and recover the stolen money.

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