Gold Rates Today in Mumbai: Gold Price for 24K, 22K,18K,14K, & 10K Carat’s

Introduction

If you’re searching for gold rates today in Mumbai, you are in the right place. In this Article, we break down the gold price in Mumbai by purity (24K, 22K, 18K, 10K etc.), show per-gram rates, compare with other cities, and look at historical and forecasted trends. Gold is not just a jewellery metal — it is an investment, hedge and emotional asset. So let’s get into the numbers, tables, charts and commentary.

Gold Rates in Mumbai on 06/10/25: Purity and Gram-wise Table

Below is a sample table (illustrative) showing possible gold rates in Mumbai on 6 October 2025 by purity and by grams. Please replace with actual market data when available.

Notes:

• The above table is hypothetical. Real rates will depend on global gold price, local taxes, making charges, and city premiums.

• “Price per gram” is the base metal cost before making charges.

• Jewelers add making charges and local premiums, so final retail will be higher.

Why different carats?

• 24 Carat is pure gold (99.9%) and mainly used in bars and coins.

• 22 Carat is 91.6% pure, offers strength for jewellery.

• 18 Carat, 14 Carat, 10 Carat reduce purity but increase hardness, useful for certain designs.

City-wise Comparison: Gold Rates Across Major Indian Cities

Gold rates differ across Indian cities because of transport, local taxes, demand, and jeweler margins. Below is a comparative table (again illustrative) for major metros:

This city-wise variation is expected. Some cities add extra freight or state taxes; others have strong jewellery markets offering tighter margins.

Historical Trends: Past Data & Chart Analysis

Past Trend — Last 1 Year

Over the past 12 months, gold in India has seen a steady climb, with occasional dips. For example, GoodReturns reported that 24K gold rates crossed ₹1,16,000 for 10 grams in September 2025. Goodreturns In many cities, the 24K per gram rate has moved from ~₹10,800 to ₹11,800 or more.

If we plot a line chart (you or your designer can embed), the trend will show:

• A gradual upward slope

• Occasional corrections in months of low demand

• Sharp upticks during global crises or inflationary pressures

Another data point: India Bullion & Jewellers Association (IBJA) publishes daily opening/closing rates of gold for different purity levels. ibjarates.com That can be used to plot daily volatility.

Past Trend — Long Term (5-10 Years)

Over 5 to 10 years, gold has outperformed many assets. In India:

• Prices have risen in double digits yearly

• Gold is viewed as a hedge against inflation and currency depreciation

• Jewellery demand peaks during festivals, weddings, and seasonal buying

If you plot a 5-year chart (year vs ₹/10g), you’ll see a general upward trend with cyclical dips, especially during global recessions or liquidity crunches.

Future Trends & Forecasts: What to Expect

While predicting precisely is risky, analysts offer scenarios based on macro factors. Below are possible future trends:

Scenario A: Bullish (Continued Rally)

• Global central banks keep cutting interest rates → higher gold demand

• Inflation remains high → investors turn to gold as hedge

• Geopolitical tensions → safe-haven buying

• Domestic jewellery demand rebounds post negative sentiment

In that scenario, 24K gold could cross ₹13,000/gram in next 1–2 years.

Scenario B: Moderate Growth

• Rates may get stabilized

• Supply constraints loosen

• Demand remains steady but not explosive

Then gold might inch up 5–10% annually from current levels.

Scenario C: Correction / Plateau

• Strong Indian Rupee / rate hikes globally

• Reduced speculative demand

• Inflation cools → less need for gold as hedge

Gold could stagnate or drop modestly in that scenario.

You can show a forecast chart (e.g. projected 2025–2027) with three lines (bullish, base, bearish) overlaid on past trend.

Factors Influencing Gold Prices

Understanding what moves gold helps you interpret the tables and charts.

1. Global Factors

   • US dollar strength/weakness

   • Interest rates (real yields)

   • Central bank buying or selling

   • Geopolitical crisis (war, sanctions)

2. Domestic Factors in India

   • Import duties, GST, customs charges

   • Local demand (festivals, weddings)

   • State taxes, making charges, margins

   • Rupee’s value

3. Supply & Demand Imbalances

   • Mine production

   • Scrap supply

   • Refining capacity

4. Investor Sentiment & Speculation

   • Futures / derivative market activity

   • Gold ETFs, digital gold platforms

When global factors push price, domestic factors amplify or moderate it.

Interpreting & Using the Data Wisely

Here are tips how readers (investors, buyers) can use the above tables and trends:

• Always check metal price before making — don’t rely on old rates

• Use city-wise table to negotiate local deals

• For investment, focus on 24K bars/coins rather than jewellery

• Use past trends to identify dip buying opportunities

• For forecasting, don’t rely solely on one projection — consider multiple scenarios

Sample Chart Descriptions

While I can’t embed actual charts here, your designer or WordPress implementer can draw:

• Line Chart: ₹/10g over last 12 months in Mumbai

• Bar Chart: City-wise 24K rates for major metros

• Projection Chart: Forecast lines for gold till 2027 (bullish, baseline, bearish)

Use contrasting colors for purity levels (24K, 22K, 18K) and dashed for forecasts.

Challenges & Caveats

• The gold rate you see is metal price only. Retail jewellery price will include making charges, GST, margin.

• Prices differ by seller — two shops in Mumbai may vary by few hundred.

• Past trends don’t guarantee future movement.

• External shocks (currency collapse, policy changes) can upset forecasts.

• Your data source must be reliable (IBJA, All India Sarafa, local bullion association).

FAQs (People Also Ask)

Q1: Why does gold rate vary city to city in India?
Gold rates across cities vary because of transport cost, state taxes, local demand, jeweller margin and making charges. Even though the base metal price (say 24K) is same nationally, local add-ons lead to differences.

Q2: Should I buy 22K or 24K gold?
If you seek purity and investment, 24K is best (for bars/coins). For durable jewellery, 22K is preferred because it is harder and more resistant to wear. But making charges and design preferences also matter.

Q3: How reliable are gold price forecasts?
Forecasts are educated estimates based on macro, supply, demand and sentiment factors. They help directionally, but always expect deviations — treat them as guidance not guarantees.

Conclusion

To make this actionable: always check real-time rates, examine local premiums, compare quotes, and use trend charts for informed decisions. Gold is timeless, but understanding its dynamics makes you a informed buyer or investor.

If you like, I can send you a ready-to-publish version with live charts embedded you can paste into your website. Would you like me to prepare that?