Gold Rate in Mumbai Today: This week, on Wednesday, June 03, the price of 24-carat, 22-carat and 18-carat gold in Mumbai have remained stable for the second consecutive day. Silver rate in Mumbai also remained steady, mirroring the prevailing market trend today. The stability in gold price both in Mumbai and acros the country comes amidst a Continued decline in the price of preciou metals within the international commoditie market.
In a metropolis like Mumbai, hundreds of thousand of investor keep a close watch on the fluctuation in gold and silver price. This Vigilance significantly aids those investing in gold or Purchasing gold jewelry in making prompt decision. The latest gold rate in Mumbai are Provided below.
Gold Rate Mumbai Today:
According to data from Money Mint Idea on Wednesday ( June 03, 2026 ) the price of 24 carat gold in Mumbai stood at ₹15,620 per gram. This implie that the price for 10 grams of 24 carat gold in Mumbai was approximately ₹1,56,220. For those Purchasing gold jewelry a 3% GST will also be applicable on the Purchase of 10 grams of 24-carat gold, bringing the final Price to approximately ₹160,906.60. However, Purchasing jewelry Crafted from 10 grams of 24 carat gold may also entail additional Charges Such as (Making charges).
On Wednesday, the price of 22-carat gold in Mumbai remained unchanged at ₹14,318 per gram. Similarly, the price of 18-carat gold in Mumbai currently remains stable at ₹14,318 per gram.
Silver Rate Today Mumbai
In Mumbai, the price of silver is Currently ₹2,800 per 10 grams and ₹280,000 per kilogram. Following a sharp surge in January and a significant decline in February, Silver Price in Mumbai and across India have today settled within a Limited, narrow range.
Today’s International Gold Price
On Wednesday the international market witnessed a marginal decline in gold price. According to data from Trading Economics the price of gold in the international market today fell below the $1,500 per ounce mark. This decline was driven by market expectation that the U.S. Federal Reserve would Maintain higher interest rates for an extended period.
Manav Modi a Commoditie analyst at Motilal Oswal Financial Services Ltd., Note Gold price witnessed a marginal dip in early morning trade today, largely due to investor caution ahead of a Crucial batch of U.S. economic data which is expected to provide further clarity on the Federal Reserve policy outlook and amidst ongoing geopolitical tensions in the Middle East.
Modi further added that the unexpected surge in U.S. job opportunitie during April has reinforced expectation that the Federal Reserve may keep interest rates elevated for a prolonged duration.
Looking ahead, the market will closely Monitor the ADP Employment Report, ISM Service PMI and Factory Order data scheduled for release today. Additionally, full attention will remain focused on the U.S. Non Farm Payrolls report due on Friday, which could serve as the next key indicator for the gold market, ultimately determining the future trajectory of both gold and silver price.
Disclaimer: The gold and Silver rate Published on Moneymintidea are for informational purpose only and may vary based on the City, jeweler, Making charge and Prevailing Bullion Market Condition. While we strive to provide Accurate and up to date Price Moneymintidea does not guarantee the completeness or accuracy of these rate. All user are advised to Verify price with their Local jeweler before Making any decision regarding the Purchase or investment in gold and Silver. Neither the Moneymintidea team nor its Member shall be held liable for any losses incurred as a result of using this Information.
