As of June 8, 2026, the 24K gold rate in Mumbai stands at ₹15,272 per gram, reflecting a ₹1 decrease from yesterday. Meanwhile, 22K gold is priced at ₹13,999 per gram, also down by ₹1. These daily fluctuations are influenced by global market trends and local demand.
| Purity | Price per Gram (₹) | Price per 10 Grams (₹) | Change from Yesterday (₹) |
|---|---|---|---|
| 24K Gold | 15,272 | 1,52,720 | -1 |
| 22K Gold | 13,999 | 1,39,990 | -1 |
| 18K Gold | 11,454 | 1,14,540 | -1 |
| 24K Gold (All India Bullion) | 14,969.8 | 1,49,698 | N/A |
| 24K Gold (Digital, excluding GST) | 14,753 | 1,47,530 | N/A |
| 22K Gold (Jewellery, excluding making charges & GST) | 14,050 | 1,40,500 | N/A |
| 24K Gold (June 6, 2026) | 15,190 | 1,51,900 | -40 (vs Jun 5) |
| 22K Gold (June 6, 2026) | 15,151 | 1,51,510 | -79 (vs Jun 5) |
| 24K Gold (Highest June 2026) | 15,089 | 1,50,890 | N/A |
| 22K Gold (Highest June 2026) | 14,370 | 1,43,700 | N/A |
| 22K Gold (Lowest June 2026) | 14,050 | 1,40,500 | N/A |
| 24K Gold (Market Rate, June 8, 2026) | 15,172.8 | 1,51,728 | -10 |
| 22K Gold (Market Rate, June 8, 2026) | 13,898.3 | 1,38,983 | -10 |
| 18K Gold (Market Rate, June 8, 2026) | 11,377 | 1,13,770 | -8 |
Mumbai’s gold prices on June 8, 2026, show a slight dip across all purities compared to the previous day, aligning with broader market trends.
Historical Gold Prices in Mumbai (June 2026)
Gold prices in Mumbai showed minor daily fluctuations in early June 2026, with 24K gold generally priced higher than 22K gold due to purity differences. On June 8, 2026, 24K gold was ₹15,272 per gram, while 22K gold was ₹13,999 per gram.
| Date | 22K Gold (per gram) | 24K Gold (per gram) | Daily Change (22K) | Daily Change (24K) |
|---|---|---|---|---|
| June 8, 2026 | ₹13,999 | ₹15,272 | -₹1 | -₹1 |
| June 8, 2026 | ₹14,050 | ₹14,753 | ₹0 | ₹0 |
| June 8, 2026 | ₹13,898 | ₹15,172.8 | ₹0 | ₹0 |
| June 8, 2026 | ₹13,905 | ₹15,169 | ₹0 | ₹0 |
| June 8, 2026 | ₹14,085 | ₹15,376 | ₹0 | ₹0 |
| June 6, 2026 | ₹15,151 | ₹15,190 | -₹79 | -₹40 |
| June 5, 2026 | ₹14,325 | ₹15,041 | ₹0 | ₹0 |
| June 5, 2026 | ₹15,230 | ₹15,230 | +₹79 | +₹40 |
| June 2, 2026 | ₹14,372.24 | ₹15,627 | ₹0 | ₹0 |
| Jan 29, 2026 | ₹15,886 | ₹17,267 | ₹0 | ₹0 |
The highest recorded price for 24K gold in Mumbai during June 2026 was ₹15,089 per gram, while 22K gold reached ₹14,370 per gram.
Live Gold Price Comparison: Mumbai vs Major Indian Cities
As of June 8, 2026, 10 grams of 24K gold in Mumbai is priced at approximately ₹1,47,530, while 22K gold stands at ₹1,40,500. Gold rates vary across major Indian cities due to local demand, taxes, and transportation costs.
Comparing these rates helps buyers identify the best value for their gold purchases.
| City | 22K Gold (per 10g) | 24K Gold (per 10g) | Last Updated |
|---|---|---|---|
| Mumbai | ₹1,40,500 | ₹1,47,530 | 08 June 2026 |
| Mumbai | ₹1,39,990 | ₹1,52,720 | 8 June 2026 |
| Mumbai | ₹1,38,983 | ₹1,51,728 | 8 June 2026 |
| Mumbai | ₹1,43,722.40 | ₹1,56,220.00 | 08 Jun ’26 |
| Mumbai | ₹1,51,510 | ₹1,51,900 | Jun, 06 2026 |
| Mumbai | ₹1,39,050 | ₹1,51,690 | 08 June 2026 |
| Mumbai | ₹1,49,698 | ₹1,49,698 | 2026-06-08 |
| Chennai | ₹1,40,700 | ₹1,53,490 | 8 June 2026 |
| Kolkata | ₹1,39,050 | ₹1,51,690 | 8 June 2026 |
The gold rates in Mumbai show slight variations across different sources for June 8, 2026, reflecting real-time market dynamics. Chennai and Kolkata also present competitive prices for both 22K and 24K gold.
Understanding Gold Purity: 22K vs 24K
Gold purity significantly impacts its price and utility. 24K gold, with 99.9% purity, is primarily for investment like coins and bars, while 22K gold (91.6% purity) is preferred for jewellery due to its durability. As of June 8, 2026, 24K gold in Mumbai is ₹15,272 per gram, compared to ₹13,999 per gram for 22K gold.
| Purity Level | Carat | Gold Content (%) | Common Use | Key Feature |
|---|---|---|---|---|
| 24K Gold | 24 Karat | 99.9% | Investment (coins and bars), digital gold | Highest purity, soft, less durable, susceptible to bending and scratches |
| 22K Gold | 22 Karat | 91.6% | Jewellery making, traditional Indian jewellery | Durable due to added alloy metals, suitable for daily wear, retains much of the visual appeal and lustre |
| 18K Gold | 18 Karat | 75% | Jewellery, often for studded designs | More durable than 22K, lower pure gold content, ideal for intricate designs |
| 14K Gold | 14 Karat | 58.3% | Fashion jewellery, watches | Highest durability among common purities, lowest pure gold content, most affordable |
The choice between 22K and 24K gold depends on whether the purchase is for investment or for crafting durable jewellery.
Factors Influencing Mumbai Gold Rates
Mumbai gold rates are shaped by a combination of global and local economic factors. As of June 8, 2026, international spot gold prices were around $4,396 an ounce, directly impacting domestic prices. Several key elements contribute to the daily fluctuations in Mumbai’s gold market.
- International Market Prices: Global gold prices, influenced by geopolitical events and economic data, directly affect Mumbai’s rates. For instance, worries over the US-Iran situation can drive up international spot gold prices.
- Currency Exchange Rates: The USD to INR exchange rate, which stood at ₹95.33 on June 8, 2026, plays a significant role. A weaker rupee makes gold imports more expensive, increasing local prices.
- Central Bank Demand: Central banks globally, including the People’s Bank of China with 2,309 tonnes in reserves, are major gold buyers. The World Gold Council forecasts central bank purchases at 850 metric tons in 2026, supporting gold prices.
- Inflation and Interest Rates: Gold often hedge against inflation. The RBI’s repo rate, at 5.25% as of June 5, 2026, influences investor sentiment towards gold versus other assets.
- Local Demand and Supply: Festivals and wedding seasons in India typically increase gold demand, pushing prices higher. Supply from imports and recycling also affects the market balance.
- Government Policies and Taxes: Import duties and Goods and Services Tax (GST) directly add to the final gold price in Mumbai. For example, 24K gold attracts a 3% GST, which was ₹5,131 on June 8, 2026.
- Making Charges: Jewellery prices include making charges, which vary by jeweller and design. For 24K gold, making charges were around ₹18,326 per 10 grams on June 8, 2026.
Understanding these factors helps buyers and investors anticipate price movements in the Mumbai gold market.
Gold as an Investment: Bars, Coins & Digital Gold
Investing in gold offers various forms, each with distinct characteristics for purity, charges, and liquidity. As of June 8, 2026, 24K gold bars and coins are preferred for investment due to their high purity and absence of making charges, unlike 22K gold jewellery.
Digital gold provides a flexible way to accumulate 24K gold in small quantities, with easy sellback options and no physical storage concerns.
| Investment Type | Purity | Making Charges | Liquidity | Suitability |
|---|---|---|---|---|
| Gold Bars | 24K (99.9% or higher) | Without making charges | Quickly liquidated; easier to sell | Profitable investment; direct ownership; investment purposes |
| Gold Coins | 24K (99.9% or higher) | Without making charges | Quickly liquidated; easier to sell | Profitable investment; direct ownership; investment purposes |
| Digital Gold | 24K (99.9% or 99.99%) | No overhead of jewellery costs | Easy sellback; instant buybacks; easily convert to cash | Small, secure buys; flexible savings; efficient way to accumulate gold; investment purposes |
| Gold Jewellery | 22K (91.6%) or lower | Involves making charges | Not always easy to liquidate quickly; involves deductions for making charges | Crafting gold ornaments; daily use; cultural value |
While physical gold forms like bars and coins offer direct ownership, digital gold provides a convenient, secure, and cost-effective alternative for investors in Mumbai.
Buying Gold in Mumbai: Tips & Considerations
When buying gold in Mumbai on June 8, 2026, consider the purity level and associated costs like making charges and GST. For example, 24K gold is 99.9% pure, while 22K gold (91.6% pure) is more common for jewellery due to its durability.
Understanding these factors helps you make an informed purchase, whether for investment or personal use.
- Purity Levels: Always confirm the gold’s purity; 24K gold is 99.9% pure and ideal for investments like bars and coins, while 22K gold (91.6% purity) is preferred for jewellery.
- Making Charges: Jewellery purchases include making charges, which vary by design and jeweller. For 24K gold, making charges can be around ₹18,326 as of June 8, 2026.
- Goods and Services Tax (GST): A 3% GST applies to gold purchases. For 24K gold, this could add approximately ₹5,131 to the price as of June 8, 2026.
- Digital Gold: Consider digital gold for investment, as IT offers 24K purity at ₹14,753 per gram (excluding GST) as of June 8, 2026, without making charges.
- Market Fluctuations: Gold rates change daily; for instance, on June 8, 2026, 24K gold decreased by ₹10 per 10 grams compared to the previous day.
- Verify Weight: Ensure the weight of your gold purchase is accurately measured and verified by the seller.
Checking daily gold rates and understanding the components of the final price helps optimize your gold buying decision in Mumbai.
Gold Rate Calculator
Calculating the final cost of gold jewellery in Mumbai involves the base gold rate, making charges, and 3% Goods and Services Tax (GST). As of June 8, 2026, making charges for 24K gold are approximately ₹18,326, with an additional GST of ₹5,131.
The purity of gold significantly impacts its price; 24K gold is 99.9% pure, while 22K gold (91.6% purity) is commonly used for jewellery. For example, 10 grams of 24K gold is priced at ₹1,51,728, while 10 grams of 22K gold costs ₹1,38,983 on June 8, 2026.
Buyers should always confirm the purity level and weight with the seller before purchase. Digital gold purchases of 24K gold are typically exempt from making charges, priced at ₹14,753 per gram (excluding GST) as of June 8, 2026.
Key Takeaways
- The final gold price includes the base rate, making charges, and 3% GST, with making charges for 24K gold around ₹18,326 as of June 8, 2026.
- On June 8, 2026, 10 grams of 24K gold in Mumbai is ₹1,51,728, while 10 grams of 22K gold is ₹1,38,983.
- Digital gold purchases of 24K gold are priced at ₹14,753 per gram (excluding GST) as of June 8, 2026, without making charges.
Verify current gold rates, making charges, and GST with your chosen jeweller or digital gold platform before making a purchase.
Frequently Asked Questions (FAQs)
What is the 24K gold rate in Mumbai today, June 8, 2026?
As of June 8, 2026, the 24K gold rate in Mumbai is ₹14,753 per gram. This translates to ₹1,47,530 for 10 grams of 24K gold. For investors, 24K gold is typically purchased as coins or bars due to its 99.9% purity.
What is the 22K gold rate in Mumbai today, June 8, 2026?
The 22K gold rate in Mumbai today, June 8, 2026, is ₹14,050 per gram. This purity, also known as 916 gold, is commonly used for crafting jewellery due to its durability. The rate for 10 grams of 22K gold is ₹1,40,500.
How has the gold rate in Mumbai changed compared to yesterday?
Compared to June 5, 2026, the 24K gold rate in Mumbai decreased by ₹40 per gram today, June 8, 2026. The 22K gold rate saw a larger decrease of ₹79 per gram. Gold prices have shown a 100% increase from last year’s rates.
What is the difference between 22K and 24K gold?
24K gold represents 99.9% pure gold, primarily used for investment in coins and bars. 22K gold, or 91.6% pure gold, is mixed with other metals like copper or silver to durability for jewellery making. The price difference on June 8, 2026, is ₹703 per gram, with 24K at ₹14,753 and 22K at ₹14,050.
What factors influence gold rates in Mumbai?
Global economic conditions, international gold prices, and the strength of the Indian Rupee against the US Dollar significantly influence Mumbai’s gold rates. Local demand during festivals and wedding seasons also plays a role. As of June 2026, gold prices have been relatively stable within a narrow band.
Can I buy 24K gold in jewellery form?
While 24K gold is 99.9% pure, IT is too soft for intricate jewellery designs. Ornaments are typically made from 22K gold or lower for better durability. You can purchase 24K gold in Mumbai as digital gold, coins, or bars.
What was the highest and lowest gold rate in Mumbai in June 2026?
The highest 24K gold rate in Mumbai during June 2026 was ₹15,089 per gram, while the lowest was ₹14,753 per gram. For 22K gold, the highest rate reached ₹14,370 per gram, with the lowest being ₹14,050 per gram. These fluctuations reflect daily market dynamics.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI) before deciding.