Today Gold Rate in Mumbai (Jan 9, 2026) 22 Carat 916 Hallmark 10 Gram

If you're looking to buy 10 grams of 22-carat (916 hallmark) gold in Mumbai today, you'll need approximately ₹126,490 for the gold itself. That's ₹12,649 per gram. However, this is just the base rate. Once you factor in making charges, wastage, and GST, expect to pay closer to ₹148,000 for finished jewelry. Here's everything you need to know before heading to the market!

What is the 22 Carat Gold Rate in Mumbai Today for 10 Grams?

As of January 9, 2026, 10 grams of 22-carat (916 hallmark) gold in Mumbai costs approximately ₹126,490 (₹12,649 per gram). This rate applies to plain gold, excluding making charges, GST, and wastage. Prices at major jewelers and local markets in Mumbai are updated 3 times daily at 9 AM, 2 PM, and 6 PM.

The morning rate started at ₹12,600 per gram and climbed to the current ₹12,649 by afternoon. Evening rates will be updated at 6 PM based on the market movement.

Live 22K Gold Rates in Mumbai (January 9, 2026)

These are pure gold rates. Finished jewelry prices will vary depending on the design and jewelers you visit.

Understanding 916 Hallmark Gold in Mumbai

So what exactly is 916 gold? It is 22-carat gold that contains 91.6% pure gold mixed with 8.4% other metals like copper and silver. This mix ensures the gold is strong enough for daily wear without compromising on purity.

Each piece of hallmarked jewelry sold in Mumbai carries a BIS (Bureau of Indian Standards) stamp, which includes the BIS logo, the purity number (916), the jeweler's mark, and a unique 6-digit HUID (Hallmark Unique Identification) code. Always verify the HUID at the counter using the BIS Care app to avoid counterfeit marks.

Calculating Final Price: Making Charges + GST for 10 Grams

Here’s the breakdown of additional costs you’ll incur when buying gold jewelry:

Best Places to Buy 22K Carat Gold in Mumbai

Zaveri Bazaar is the go-to destination for gold shopping in Mumbai. Located in Kalbadevi, it is the city’s wholesale gold hub, where you can expect to save ₹50-150 per gram compared to malls.

Top shops to check out:

• Tribhovandas Bhimji Zaveri (TBZ): Known for high-quality designs and trusted craftsmanship.
• Dwarkadas Chandumal Jewellers: Famous for their intricate gold designs and competitive pricing.
• Popley & Sons: Renowned for offering both traditional and contemporary designs with excellent customer service.

Why Gold Prices Differ Across Mumbai

You might notice that gold prices vary slightly across different areas of Mumbai. Zaveri Bazaar, being a wholesale market, offers lower rates compared to air-conditioned showrooms in malls. Additionally, local transportation costs, import duties, and taxes can impact the final price. The proximity to the bullion market also plays a role in price variation.

Today's Gold Rate Movement in Mumbai

• Opening rate (9 AM): ₹12,600/gram
• Afternoon rate (2 PM): ₹12,649/gram
• Evening rate (6 PM): Updated at 6 PM IST

Change from yesterday: +₹700 (up 5.5%)
Weekly change: +₹1,317 (up 11.6%)

The market has shown an upward trend today, driven by a slight strengthening of the rupee against the dollar (now at ₹83.15/$). MCX gold futures have closed on a strong note, signaling further upward momentum.

Smart Tips for Buying 10 Grams Gold in Mumbai

• Visit early morning: The 9-10 AM window is best for freshly updated rates and better negotiating power. By noon, markets get crowded, and jewelers are less flexible.
• Check for a BIS hallmark: Ensure that your gold is hallmarked, and always verify the authenticity of the HUID.
• Negotiate making charges: Aim for 8-12% making charges for simpler designs.
• Avoid Saturdays: Saturdays are the busiest days, and prices are typically higher due to increased demand.

Gold Rate Forecast for Mumbai (Next 7 Days)

Expect gold prices to stay in the ₹12,900-₹13,100 range in the coming days. Keep an eye on the Reserve Bank of India’s upcoming monetary policy meeting for potential shifts in gold prices.

22K Carat vs 24K Carat: Which Should You Buy?

22K Carat Gold is ideal for daily wear jewelry like chains, bangles, and rings due to its durability. It costs ₹1,341 less for 10 grams than 24K gold and is easier to maintain. For investment or special purposes, 24K is a better option, though it is softer and more prone to damage.

Mumbai Gold Market Timings and Contacts

Zaveri Bazaar Main Market:

• Timings: Open Monday to Saturday, 10 AM - 6 PM
• Closed: Sundays and major holidays
• Nearest Stations: Charni Road, Sandhurst Road