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Silver Rates in Mumbai Today

Silver price for 10 grams in Mumbai is Rs 2,679. For 100 grams, it is Rs 26,790. If you want 1 kg of silver, the rate is Rs 2,67,900.

Silver is more affordable than gold and many people in Mumbai buy it for small savings, gifts, or household use. People often buy silver coins or small bars during festivals like Diwali and Akshaya Tritiya. Silver is also used in jewellery, but not as much as gold. Some families buy silver utensils for special occasions.

Rates change every day. Bank rates, shop rates, and online rates may not always match. Check with your local jeweller before buying. In Mumbai, silver usually costs a bit more than in smaller towns, mostly because of higher taxes and making charges. Transport and demand also play a small part.

There is no GST on old silver you sell, but new silver jewellery has 3% GST. If you buy silver in a shop, ask for the receipt. It helps if you want to sell it later.

Don’t expect to make quick profit from silver. Prices move slowly and sometimes even go down for weeks. Silver is good for long-term savings, not for daily trading. If you buy big amounts, store them safely. Silver can get black stains if not kept in dry place.

Most people in Mumbai still buy silver the traditional way—from stores or trusted jewellers. Some try online, but not everyone is comfortable. Always check the current rate before you buy, as it keeps changing.

That’s the simple truth about silver rates in Mumbai today.

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Gold rates in Mumbai today are: Gold 24k: Rs 1,56,430 for 10 grams. Gold 22k: Rs1,43,390 for 10 grams. Gold 18k: Rs 1,17,320 for 10 grams.

These prices keep changing throughout the day. Shops in Zaveri Bazaar, one of Mumbai’s oldest gold markets, usually follow these prices. You’ll find that actual charges can be a bit different in each shop because of making charges, GST, or small fees.

In Mumbai, a lot of people buy gold for weddings, festivals, and investments. It is easy to check gold rates online or by asking in jewellery markets. Most families still prefer to check rates themselves before buying, especially during big festivals like Diwali and Akshaya Tritiya. Sometimes, prices go up if demand is high because Mumbai is a big centre for the gold trade.

Gold rates in Mumbai mostly depend on international market prices and the Indian Rupee’s value. If the rupee becomes weak, gold becomes more expensive. If there is some international issue, gold prices go up quickly. Many sellers in Mumbai update their rates two or three times every day.

If you are buying gold, always check for hallmarks. This shows the gold is pure. 24k gold is purest, but it is soft, so people often buy 22k for jewellery. 18k gold is usually used for modern styles or lightweight ornaments.

Prices might look high now. But many people in Mumbai still choose to invest in gold for safety. Always check the latest price before deciding. And, ask for a bill for every purchase. This helps if you want to sell or exchange the gold later.

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Mumbai residents should note that the Mumbai Traffic Police has issued a detailed advisory ahead of Prime Minister Narendra Modi and French President Emmanuel Macron’s visit to the city on Tuesday, February 17, 2026.

To ensure tight security and prevent congestion traffic will be temporarily halted on the Western Express Highway (WEH).

HMV Movement Halted for 11 Hours

Commuters should note that according to the official notification, the movement of all heavy motor vehicles (HMVs) will be completely halted on both the northbound and southbound lanes of the Western Express Highway.

This ban will be in effect between the Vakola Flyover and the Dahisar Toll Naka from 8:00 AM to 9:00 PM.

This order was issued by Deputy Commissioner of Police (Traffic), Western Suburbs, Ajit Borhade under Section 115 of the Motor Vehicles Act, 1988.

It was issued in conjunction with relevant government regulations and circulars.

Officials stated that this decision was taken to ensure the safety of visiting guests and to maintain smooth traffic flow in the western suburbs during their arrival and departure.

Vehicles Exempted from the Ban

Certain categories of vehicles will be allowed to operate during this ban. These include:

Ambulances

Fire brigade vehicles

Police vehicles

Government vehicles deployed for VVIP security

Vehicles specifically permitted by the Mumbai Traffic Police for operational needs

Officials have warned that any violation of the order will result in action under the Motor Vehicles Act.

Tour Details

French President Emmanuel Macron will be in Mumbai from February 16 to 19 on his official visit to India.

He also plans to meet Prime Minister Narendra Modi in Mumbai on February 17.

The leaders are expected to participate in special events, including the India-France Innovation Forum at the Taj Mahal Palace Hotel.

In addition celebrations will be held at the Gateway of India to mark the India France Year of Innovation and Cultural Commemoration.

Following their Mumbai visit the two leaders will travel to New Delhi to attend the AI ​​Impact Summit 2026.

Advisory for Travelers

The Mumbai Traffic Police have appealed to drivers to cooperate. They should follow traffic instructions and plan their routes in advance to avoid inconvenience during the restrictions.

Also Read: Apple Borivali Store to Open on February 26 at Sky City Mall, Marking Sixth Retail Outlet in India