Gold Rate in Mumbai Today, August 3, 2026: Prices Remain Unchanged After Last Week's Dip

Mumbai, August 3: Gold prices in Mumbai were unchanged on Monday, as the domestic bullion market showed little movement at the start of the new week. After ending July on a weaker note, rates have now held steady for two consecutive sessions, suggesting the recent volatility has eased for the time being.

According to the latest retail rates, 24K gold is priced at ₹14,422 per gram, while 22K gold is selling at ₹13,220 per gram. 18K gold also remained unchanged at ₹10,816 per gram.

Gold Rate in Mumbai Today

Gold Takes a Pause After Friday’s Correction

The latest trend suggests the market is catching its breath after last week’s decline. Gold slipped on August 1 before stabilising over the weekend, and Monday’s prices remain exactly where they were a day earlier.

Although prices have stopped falling, they’re still below the levels seen at the end of July. Whether gold resumes its recovery or remains range-bound will likely depend on global bullion prices, the rupee-dollar exchange rate and broader market sentiment in the coming days.

Those looking to invest in gold without buying physical jewellery can also consider Gold ETFs, which track domestic gold prices. Learn more here: https://hdfcsky.com/etf/gold-etf

Today’s Gold Price in Mumbai

The above prices are indicative and do not include GST, TCS or jewellery making charges.

Estimated Cost of 10 Grams of 22K Gold Jewellery

The final jewellery price depends on more than just the gold rate. Making charges and GST are added before the final bill is prepared.

Actual making charges vary across jewellers and jewellery designs.

Gold Price Trend Over the Last 10 Days

The last 10 days have seen gold swing between gains and losses before settling into a narrow range. Following Friday’s correction, prices have remained unchanged, suggesting the market is waiting for the next major trigger rather than reacting to short-term moves.

What Influences Gold Prices?

Gold prices are driven by a combination of international and domestic factors. Global bullion rates, the rupee’s movement against the US dollar, central bank policies, inflation expectations and geopolitical developments all play a role. Changes in investor demand for safe-haven assets can also influence daily price movements.

Conclusion

Gold prices in Mumbai remained steady on August 3, with no change across 24K, 22K and 18K categories. After last week’s fluctuations, the market has entered a quieter phase, with buyers and investors likely waiting for fresh global cues before prices make their next decisive move.

Source:

• Goodreturns | Gold prices updated for August 3, 2026.