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Mumbai Gold Rates Update July 7, 2025
Here are the gold rates in Mumbai today: Gold 24k: Rs 98,820 per 10 grams. Gold 22k: Rs 90,590 per 10 grams. Gold 18k: Rs 74,120 per 10 grams.
Gold prices in Mumbai change almost every day. This happens because of global prices, the exchange rate, and local demand. Mumbai is one of the busiest gold markets in india. Many people buy gold as jewellery or for investment. Shops in areas like Zaveri Bazaar and Bandra see many buyers, especially during festivals and wedding season.
24k gold is the purest. It is not used much for jewellery because it is soft. Most people in Mumbai prefer 22k gold. This is used for making ornaments. 18k gold is also used for jewellery, but it is less common.
Gold prices in Mumbai are almost the same as other metro cities. But small changes can happen because of local taxes and transport costs. Before buying, always check the latest rate. Also, check the making charges and GST at the shop.
Many people buy gold on auspicious days like Akshaya Tritiya and Dhanteras. At these times, shops are crowded. Some people also buy gold coins or bars as savings.
Buying gold is seen as safe, but prices can go up or down. It is good to compare prices at different shops. Some trusted jewellers and banks also give purity certificates.
To sum up, gold is important in Mumbai. Whether for tradition or investment, it plays a big role. Always check the latest rates and buy from trusted places.
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Mumbai Silver Rates Update March 11, 2026
Silver rates in Mumbai are as follows today. Silver for 10 grams is Rs 2,901. For 100 grams, it is Rs 29,010. If you want 1 kilogram, the price is Rs 2,90,100.
Silver is not as expensive as gold, but it matters a lot in Mumbai. People often buy silver for daily use, gifts, and festivals. Many shopkeepers and small businesses in Mumbai use silver coins or utensils. Silver is also common in weddings, where families gift silver items.
The price of silver changes every day. This happens because of global prices, demand in the Indian market, and how the rupee is doing. Sometimes, taxes and making charges also affect the final rate in shops. So, what you pay may be a bit more than the basic rate.
Mumbai is a financial hub and trades a lot of silver. The wholesale market, especially around Zaveri Bazaar, sets the mood for silver rates. Traders there follow both international prices and what big city buyers want. If you buy in bulk, you might get a better rate. But for small amounts, most shops follow the standard rate.
Unlike gold, which people often keep as investment, silver is more about practical use in Mumbai. Still, some people invest in silver because it is cheaper and has good resale value. But the price can go up or down suddenly. So, you should check the latest rates before buying.
In summary, silver is part of daily life in Mumbai. The price per 10 grams is Rs 2,901 today. If you need silver, always check rates from a trusted source and buy from a reliable shop.
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Mumbai Gold Rates Update March 11, 2026
In Mumbai today, current gold rates for 10 grams are: Gold 24k – Rs 1,62,390, Gold 22k – Rs 1,48,860, Gold 18k – Rs 1,21,800. These prices change daily. Always check before buying or selling.
Gold has always been important in Mumbai. Many families buy gold during weddings, pujas, or festivals like Diwali and Akshaya Tritiya. Some people buy gold for jewelry, some as an investment, and some to save for the future. In Mumbai, local jewellers are everywhere, from Zaveri Bazaar to big stores in malls.
Prices depend on global gold rates, the rupee value, and local taxes. Because Mumbai is a big trading hub, you often get the most up-to-date rates here. Still, you may see some small price differences from shop to shop. Taxes like GST are extra.
It makes sense to compare rates and ask about making charges. These charges are not included in the gold rate—they are extra. If you are selling old gold, buyers usually check purity and may pay a bit less than the full rate.
Gold is seen as a safe asset in Mumbai. But remember, its price goes up and down. If you are thinking about a big purchase, watch the news and keep an eye on rates over a few days.
Banks sell gold coins, but they are usually a bit expensive. Jewelry stores may offer discounts at times, but always check for purity. Most Mumbai shops give hallmarked gold, but it’s better to ask and be sure.
That’s what you need to know about gold rates in Mumbai today.
Latest News
LPG Shortage Hits Restaurants in Mumbai, Bengaluru, Chennai; Hotels Warn of Possible Shutdowns
Restaurants and hotels in major Indian metro cities such as Mumbai, Bengaluru, and Chennai are warning of possible shutdowns due to a shortage of commercial LPG cylinders. Industry bodies say the supply disruption, linked to global energy issues, has already affected up to 20% of eateries, forcing some establishments to shorten menus and reduce operating hours.
Hotels and restaurants in several Indian metro cities are warning of potential shutdowns due to a shortage of commercial LPG cylinders.
Disruptions in global energy supplies related to the ongoing conflict in the Middle East have begun to impact domestic markets.
Industry bodies in Mumbai, Bengaluru and Chennai say that this shortage is already impacting restaurant operations.
Many establishments are struggling to obtain the cooking gas needed for daily cooking.
Restaurants warn of closures
The Hospitality Association has warned that if the situation continues restaurants may be forced to halt operations in the coming days.
Industry representatives in Mumbai said that more and more restaurants are already facing difficulties in obtaining commercial LPG cylinders. According to Restaurant Association officials, 10-20% of eating places have been affected.
Furthermore if the supply isn’t restored soon this number could rise rapidly.
Some restaurants have already begun shortening their menus, reducing opening hours and eliminating slow-cooked dishes like dal makhani or rava dosa to conserve their remaining gas supplies.
Restaurant owners say that if commercial LPG deliveries don’t resume the crisis could soon spread to the entire sector.
Bengaluru and Chennai also affected
The shortage has already begun affecting restaurants and hotels in Bengaluru and Chennai.
The Bangalore Hotels Association has warned that the sudden gas supply disruption could disrupt hotel operations starting March 10.
Industry representatives, meanwhile pointed out that hotels cater to a wide range of groups, including students, hospital staff, office workers and travelers. This means that this disruption could impact a significant number of people.
The Hotel Association in Chennai has also appealed to the government to ensure uninterrupted LPG supply. Most importantly he said the food industry works around the clock to service hospitals, IT parks, college hostels and business travelers.
He warned that if the shortage continues, banquet events and large catering operations could also be affected.
Rising LPG prices are adding pressure.
The recent increase in LPG cylinder prices has made the situation even more difficult.
Last week the price of a domestic LPG cylinder was increased by Rs 60. Meanwhile the price of a commercial LPG cylinder increased by Rs 115. This increase follows disruptions to global energy supply routes related to the ongoing conflict between Iran, Israel and the United States.
Government’s response to supply concerns
The Ministry of Petroleum and Natural Gas has stated that steps are being taken to stabilize supply.
Oil refineries have been directed to increase LPG production. The additional output will be used to meet domestic demand. Additionally authorities have established a 25-day gap between LPG bookings to prevent hoarding and black marketing.
Domestic LPG supplies are being prioritized, while imported LPG for commercial use is primarily being sent to essential sectors such as hospitals and educational institutions.
To address the concerns of restaurants and other industries, the government has formed a committee of senior officials from oil marketing companies to review requests for commercial LPG supplies.
Hospitality Industry Demands Immediate Intervention
Hospitality associations have appealed to the government to provide clear guidelines and restore regular commercial LPG distribution. They warn that this shortage could disrupt dining services for thousands of people.
Restaurant groups say they want to continue operating as long as possible. They also stress that cooking will become impossible without cooking gas, and if the situation remains the same, many places will have no choice but to close down for some time.
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