Today Gold Rate in Mumbai (Jan 7, 2026) 22 Carat 916 Hallmark 10 Gram

If you are checking today gold rate in Mumbai 22 carat 916 hallmark, the current 22K gold price is ₹12,726 per gram. That means 10 grams of 22 carat gold in Mumbai costs ₹1,27,260 as the base gold value.

However, this is only the raw gold rate. Once you include making charges, wastage, and 3% GST, the final jewellery price will be noticeably higher. Before you head to Zaveri Bazaar or any local showroom, here’s a clear, practical breakdown of what you’ll actually pay and how to get the best deal.

What Is the 22 Carat Gold Rate in Mumbai Today (916 Hallmark)?

As of today, 22 carat (916 hallmark) gold in Mumbai is priced at ₹12,726 per gram.

• 10 grams price: ₹1,27,260
• Applicable for plain gold only
• Excludes making charges, wastage, and GST

Gold rates in Mumbai are typically revised three times a day—9 AM, 2 PM, and 6 PM—based on domestic bullion trends and MCX movements.

Live 22K & 24K Gold Rates in Mumbai (Today)

24K rates are indicative market averages.

What Does 916 Hallmark Mean in 22 Carat Gold?

916 hallmark gold means the jewellery contains 91.6% pure gold, with the remaining 8.4% alloy metals like copper or silver. This balance gives 22K jewellery its durability for daily wear.

• Every hallmarked gold item sold in Mumbai must carry:
• BIS logo
• Purity mark: 916
• Jeweller’s identification mark
• 6-digit alphanumeric HUID code

Tip: Always verify the HUID code using the official BIS Care app before payment.

Final Jewellery Cost for 10 Grams of 22K Gold in Mumbai

Here’s a realistic cost calculation using common Mumbai charges:

Expect to pay ₹1.47–1.52 lakh for standard 22K jewellery weighing 10 grams, depending on design complexity.

Best Places to Buy 22 Carat Gold in Mumbai

Zaveri Bazaar (Kalbadevi)

Mumbai’s main wholesale gold market. Prices here are usually ₹50–₹150 per gram cheaper than mall showrooms.

Trusted jewellers:

• Tribhovandas Bhimji Zaveri (TBZ) – Heritage designs, transparent billing
• Dwarkadas Chandumal Jewellers – Traditional bridal jewellery
• Popley & Sons – Premium craftsmanship

Insider tip: Visit between 9–11 AM for better negotiation power.

Other Good Areas

• Bandra West – Premium stores, slightly higher prices
• Borivali West – Competitive suburban pricing
• Thane & Navi Mumbai – Often marginally cheaper than South Mumbai

Why Gold Rates Vary Across Mumbai?

You may see a ₹50–₹150 per gram difference across locations because of:

• Transport and logistics costs
• Local demand and footfall
• Brand premium in upscale areas
• Individual jeweller markups

The gold purity remains the same only overheads differ.

Today’s Gold Price Trend in Mumbai

• Current 22K rate: ₹12,726 per gram
• Market sentiment: Stable with mild volatility
• USD/INR influence and global cues continue to guide short-term movement
• Wedding demand remains steady, supporting prices

Smart Tips for Buying Gold in Mumbai

• Visit early morning (9–10 AM)
• Compare at least 3–4 shops
• Negotiate making charges (aim for 8–10% on plain jewellery)
• Avoid Saturdays at Zaveri Bazaar
• Always insist on a GST bill with HSN code 71081300
• Cash payments may fetch ₹20–₹30 per gram discount

22 Carat vs 24 Carat Gold – Which Should You Buy?

Mumbai Gold Market Timings & Travel Tips

• Market hours: 10:30 AM – 7:30 PM
• Closed: Sundays & major festivals
• Nearest stations: Charni Road, Sandhurst Road
• Parking: Municipal lot on Sheikh Memon Street (cheaper than private lots)