Millions of people search everyday online for live and hourly updates of gold price in cities like Mumbai, and to make that process easier for our readers we have developed this page, where we will be providing current rate, related news, investment tips and best shops to buy your gold from in Mumbai.
If New Delhi is the political capital of our country, Mumbai is the finance and economic capital of India. Besides BSE and other economic development in the city, it is also a huge market for gold traders and investors. For that reason, having the latest and frequently updated gold price data is absolutely important for traders, investors and jewellery buyers in Mumbai.
To make it easier for our readers we have now provided an email news-letter subscription service that emails you live Mumbai gold spot price every hour, to help you make accurate and quick investment decisions in gold.
Above displayed is a chart/table of Mumbai gold rate with the top table showing today’s price and below that you have rate chart of previous seven days. We also have monthly and yearly recorded price charts specifically for Mumbai city, which you can use for future investment and trading research in gold. Additionally, these rates are divided into different carats categories including 24 carat, 23 Carat, 22 Carat and 916 gold rates in Mumbai city.
Generally people in Mumbai prefer buying gold jewellery, coins and bars from reputed brands such as TBZ jewellers, Tanishq, Kalyan Jewellers and several other as well, but for those who are interested in gold investment for monetary profit gains, they should consider purchasing gold bars and coins from banks to get better returns on investments. Given the fact every other jewellery shop in the city will have their own price, gold rate in Mumbai is obviously going to vary in different companies’ showrooms.
The reason why Mumbai is a perfect city for gold traders is because of mumbai wholesale gold jewellers association and a huge wholesale jewelry, coins and bars market in Zaveri Bazar, Dadar, where buyers and sellers can purchase at cheaper prices.
When it comes to buying jewellery, Mumbai comes at top of the rating. There are tonnes of designer gold jewellery shops in the city where both men and women can purchase fashion jewellery designs. You will never run out of exclusive designer collection in the city, because it is home to entertainment industry celebs and to cater them it is quite obvious that the city must have top notch jewellery showrooms to serve those celebrities with pocket full of cash. Almost every shop serves you with exquisite range of gold ornaments that are both traditional and modern in design. Not only gold, but you can also buy diamonds, platinum, precious stones, pearls, and other metals as well.
Given the fact Mumbai is the capital of Maharashtra state, gold trading business is bound to thrive here as it has the biggest marketplace for traders and retailers of gold commodity.
There is a massive gold demand in the city because of its humongous population and citizens who comes under rich to middle class category have the financial ability to buy gold. This page is dedicated to our readers who are searching for gold price in Mumbai for 22 carat, 24 carat, 23 carat and 18 carat gold categories and prices aforementioned in the table is for 10 grams.