Gold Rate in Mumbai Today, July 27, 2026: 24K Gold Rises ₹93 to ₹14,586

Mumbai, July 27: Gold prices in Mumbai climbed on Monday, picking up momentum after remaining unchanged a day earlier. The 24K rate rose ₹93 per gram, while 22K gold gained ₹85 as prices continued to recover from Friday’s steep decline.

The 24-karat gold rate increased to ₹14,586 per gram from ₹14,493 on Sunday. The 22-karat rate moved up to ₹13,370 per gram from ₹13,285, while 18-karat gold gained ₹69 to ₹10,939 per gram.

The latest rise takes gold further away from the July 24 low, but prices have yet to fully recover the losses suffered toward the end of last week. For buyers, that means rates are higher than they were over the weekend but still below Wednesday’s recent peak.

Mumbai Gold Rate Today

Gold Rebounds After a Volatile Week

Gold has seen some sharp swings in Mumbai over the past several sessions.

The 24K rate stood at ₹14,329 per gram on July 19 before climbing for three consecutive days. A ₹17 increase on July 20 was followed by a ₹76 rise on July 21 and a much larger ₹229 jump on July 22, which took the rate to ₹14,651.

The trend reversed quickly. Prices fell ₹33 on July 23 and then dropped another ₹185 on July 24, bringing 24K gold down to ₹14,433 per gram.

Since then, the market has been clawing back those losses. Gold gained ₹60 on July 25, held steady on July 26 and added ₹93 on Monday. At ₹14,586, the 24K rate has now recovered ₹153 from Friday’s level and sits just ₹65 below the July 22 high.

Investors who want exposure to gold without purchasing physical jewellery or bullion can also explore Gold ETFs in India.

Gold Price in Mumbai Per Gram

The quoted rates are indicative and do not include GST, TCS and other applicable levies. The final amount charged by a jeweller may also include making and wastage charges.

What Would 10 Grams of 22K Jewellery Cost Today?

With 22K gold priced at ₹13,370 per gram, the base value of 10 grams comes to ₹1,33,700.

Jewellery buyers also need to account for making charges and GST. Assuming a 12% making charge and 3% GST, the estimated cost is:

The actual bill can differ depending on the jewellery design, making charges, wastage and the jeweller’s pricing policy.

10-Day Gold Price Trend

July 27: ₹14,586 (+₹93)

July 26: ₹14,493 (No change)

July 25: ₹14,493 (+₹60)

July 24: ₹14,433 (-₹185)

July 23: ₹14,618 (-₹33)

July 22: ₹14,651 (+₹229)

July 21: ₹14,422 (+₹76)

July 20: ₹14,346 (+₹17)

July 19: ₹14,329 (No change)

July 18: ₹14,329 (+₹76)

The last 10 days have been marked by quick reversals rather than a one-way move. The 24K rate climbed from ₹14,329 on July 19 to ₹14,651 on July 22, gaining ₹322 per gram in three sessions.

Much of that increase disappeared over the next two days, but the latest recovery has narrowed the gap considerably. Monday’s ₹14,586 rate is now only ₹65 below the 10-day high.

Recent Gold Price Performance

Gold is therefore still trading comfortably above where it stood at the beginning of this 10-day stretch. The 24K rate has gained ₹257 per gram since July 18, while 22K gold is ₹235 higher.

For a 10-gram 22K purchase, that difference translates into an additional ₹2,350 in the underlying gold value compared with July 18.

Why Do Gold Prices Change Every Day?

Gold rates in Mumbai are influenced by developments in both international and domestic markets. Global bullion prices play an important role, while changes in the rupee against the US dollar affect the cost of importing gold into India.

Interest-rate expectations, inflation, central bank demand and geopolitical uncertainty can also move bullion prices. As these factors change, local gold rates can see sizeable daily swings even when jewellery demand itself has not changed much.

Conclusion

Gold prices in Mumbai strengthened on July 27, with 24K gold rising ₹93 to ₹14,586 per gram. The 22K rate gained ₹85 to ₹13,370, while 18K gold increased ₹69 to ₹10,939.

The latest move continues the recovery from the July 24 sell-off. With 24K gold now just ₹65 below its July 22 high of ₹14,651, a large part of last week’s decline has already been recovered.

Source:

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