Gold Rate in Mumbai Today, August 12, 2026: 24K Gold Climbs to ₹15,486 Per Gram

Mumbai, August 12: Gold prices in Mumbai extended their recent gains on Wednesday, with rates moving higher across 24K, 22K and 18K gold. The latest rise follows a strong increase in the previous session and keeps the price of 24K gold comfortably above the ₹15,000-per-gram level.

The 24K gold rate stood at ₹15,486 per gram, up ₹104 from the previous session. 22K gold rose ₹95 to ₹14,195 per gram, while 18K gold increased ₹77 to ₹11,614 per gram.

The move adds to the recovery seen over the past week, after gold prices had slipped to lower levels earlier in August.

Mumbai Gold Rate Today

Gold Extends Its Recent Rise

Mumbai’s gold market has picked up pace after a brief period of weakness at the start of August.

The 24K rate was ₹14,400 per gram on August 4. Since then, prices have moved higher, crossing ₹15,000 again and reaching ₹15,382 on August 11. Wednesday’s ₹104 increase has taken the rate a step further to ₹15,486.

The same trend is visible in 22K gold. After standing at ₹13,200 per gram on August 4, the rate has now moved up to ₹14,195.

For buyers tracking the market day by day, the latest numbers show how quickly gold prices have recovered during the month.

Gold Price in Mumbai Per Gram

The above gold rates are indicative and do not include GST, TCS and other levies. For the exact rates, contact your local jeweller.

What Will 10 Grams of 22K Gold Cost in Mumbai?

For someone buying 10 grams of 22K gold jewellery, the gold value alone comes to ₹1,41,950 at today’s rate.

If 12% making charges and 3% GST are applied, the estimated bill works out to ₹1,63,754.

The final amount may vary depending on the jeweller and applicable charges.

10-Day Gold Price Trend in Mumbai

The recent price history tells a fairly clear story. Gold started August on a quieter note, with 24K prices around ₹14,422 on August 3 and ₹14,400 on August 4. From there, the market turned higher.

Prices rose sharply on August 5 and August 6 before moving further up on August 7 and August 8. After remaining unchanged on August 9, gold slipped slightly on August 10. The decline was short-lived, with a strong ₹185 gain on August 11 followed by another ₹104 increase today.

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10-Gram Gold Price in Mumbai

At the current rates, buying 10 grams of 24K gold in Mumbai means a base gold value of ₹1,54,860. For 22K gold, the same quantity costs ₹1,41,950, while 10 grams of 18K gold is valued at ₹1,16,140.

For buyers considering larger quantities, 100 grams of 24K gold is currently valued at ₹15,48,600, while 22K and 18K gold stand at ₹14,19,500 and ₹11,61,400, respectively.

Gold Prices Have Recovered From Early-August Levels

The latest Mumbai rates are notably higher than the levels seen during the early part of the month. The 24K rate has moved from ₹14,400 per gram on August 4 to ₹15,486 on August 12.

That’s a rise of ₹1,086 per gram over the period shown in the latest rate data.

The 22K rate has followed a similar path, moving from ₹13,200 on August 4 to ₹14,195 today. The steady climb over the last several sessions has brought both major purity categories close to their recent highs.

Conclusion

Gold prices in Mumbai continued their upward move on August 12, with 24K gold at ₹15,486 per gram, 22K gold at ₹14,195, and 18K gold at ₹11,614.

Today’s gains were smaller than Tuesday’s jump, but they still pushed prices higher across all three purity categories. After falling to ₹14,400 earlier in August, 24K gold has now recovered to ₹15,486 per gram, marking a notable move higher within just a few sessions.

Source:

• https://www.goodreturns.in/gold-rates/mumbai.html