Gold Rate in Mumbai Today, July 14, 2026: Gold Prices Extend Decline as 24K Gold Drops to ₹14,280 

Mumbai, July 14: Gold prices continued to soften in Mumbai on Tuesday, with rates slipping across all major purity categories. After a steep correction on Monday, bullion prices remained under pressure, bringing gold closer to its lowest level of the month. 

According to today’s retail rates, 24-karat gold is priced at ₹14,280 per gram, down ₹11 from the previous session. 22-karat gold has declined by ₹10 to ₹13,090 per gram, while 18-karat gold is trading at ₹10,710 per gram, lower by ₹8. 

While today’s decline is relatively modest, it extends the correction that began after gold touched its monthly highs earlier in July. Buyers who postponed purchases during the rally are now seeing noticeably better prices compared with the month’s peak. (Goodreturns) 

Mumbai Gold Rate Today 

Gold Has Come a Long Way Since the Start of July 

Gold started July on a strong footing and quickly climbed to its monthly peak during the first week. The rally pushed 24K gold to ₹14,673 per gram on July 5, prompting many buyers to delay purchases in anticipation of a correction. 

That correction has now played out. 

Prices have steadily moved lower over the past several trading sessions, interrupted only by a couple of brief recoveries. Tuesday’s decline has taken 24K gold to ₹14,280 per gram, nearly ₹393 below this month’s high, making gold significantly cheaper than it was just over a week ago. 

For long-term investors who prefer avoiding jewellery making charges and storage concerns, you can also check the list of Gold ETFs in India: https://hdfcsky.com/etf/gold-etf 

Gold Price in Mumbai Per Gram 

What Would 10 Grams of 22K Jewellery Cost Today? 

The quoted gold price isn’t the final amount you’ll pay while purchasing jewellery. Jewellers add making charges and GST, increasing the overall bill. 

Based on today’s rate, assuming 12% making charges and 3% GST, here’s an estimate: 

The final bill may vary depending on the jeweller, design, wastage charges and making charges applicable. 

10-Day Gold Price Trend 

• July 14: ₹14,280 (-₹11) 

• July 13: ₹14,291 (-₹142) 

• July 12: ₹14,433 (No change) 

• July 11: ₹14,433 (-₹49) 

• July 10: ₹14,482 (+₹38) 

• July 9: ₹14,444 (+₹131) 

• July 8: ₹14,313 (-₹213) 

• July 7: ₹14,526 (-₹136) 

• July 6: ₹14,662 (-₹11) 

• July 5: ₹14,673 (No change) 

The trend shows that gold has been moving lower after the strong rally witnessed during the opening week of July. Although there were a couple of short-lived rebounds, selling pressure has largely remained intact. The past two trading sessions have accelerated the correction, bringing prices back to levels last seen in early July. 

July Performance So Far 

So far, July has turned into a month of two distinct phases. Prices rallied sharply during the opening week before gradually surrendering those gains. As of today, gold in Mumbai is trading slightly below where it began the month, indicating that the early momentum has largely faded. 

Why Do Gold Prices Change Every Day? 

Gold prices are influenced by several domestic and international factors rather than just jewellery demand. 

Movements in global bullion prices, fluctuations in the Indian rupee against the US dollar, import duties, inflation expectations, central bank policies and geopolitical developments all contribute to daily price changes. As these factors evolve, gold rates are revised accordingly, even when local demand remains stable. (Reuters) 

Conclusion 

Gold prices in Mumbai extended their decline on Tuesday, with 24K gold falling to ₹14,280 per gram and 22K gold slipping to ₹13,090 per gram. The correction has erased much of the gains recorded during the first week of July, giving buyers an opportunity to purchase at lower levels than the month’s peak. Whether this weakness continues or prices stabilize will depend on global bullion trends, currency movements and upcoming macroeconomic developments. 

Source:  

Goodreturns | Gold prices updated for July 14, 2026. (Goodreturns)