Gold Rate in Mumbai Today, July 30, 2026: 24K Gold Eases to ₹14,350 as Market Turns Steady

Mumbai, July 30: Gold prices in Mumbai were almost unchanged on Thursday, with bullion rates slipping by just ₹1 per gram across major purity categories. After a volatile few sessions, the market appears to be stabilising, with price movements narrowing considerably.

According to the latest retail rates, 24-karat gold is priced at ₹14,350 per gram, down ₹1 from Wednesday. 22-karat gold has eased to ₹13,154 per gram, while 18-karat gold is available at ₹10,762 per gram, also lower by ₹1.

The marginal decline follows two sessions of sharper losses that pulled gold away from last week’s highs. Today’s movement suggests the selling pressure has eased, although prices remain well below the recent peak.

Mumbai Gold Rate Today

Gold Market Takes a Breather

Gold prices rallied strongly during the third week of July before peaking at ₹14,651 per gram on July 22. That momentum faded quickly as profit booking set in, triggering a sharp correction over the following sessions.

With Thursday’s ₹1 decline, the market has now settled after several days of volatility. Even so, the 24K rate remains roughly ₹301 below last week’s high, showing that much of the earlier rally has been erased.

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Gold Price in Mumbai Per Gram

The above prices are indicative and exclude GST, TCS and other statutory charges. Final rates may vary across jewellers.

What Would 10 Grams of 22K Jewellery Cost Today?

The quoted gold rate represents only the value of the metal. The final invoice also includes making charges and GST.

Assuming 12% making charges and 3% GST, here’s an estimate of the total cost:

The final amount may differ depending on the jeweller, jewellery design, wastage and applicable making charges.

10-Day Gold Price Trend

• July 30: ₹14,350 (-₹1)
• July 29: ₹14,351 (-₹66)
• July 28: ₹14,417 (-₹169)
• 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)

The past 10 sessions have seen gold swing sharply between gains and losses. After climbing to a weekly high on July 22, prices reversed course and gave back most of those gains. The latest ₹1 decline points to a quieter market, though bullion is still trading well below last week’s peak.

Recent Gold Price Performance

Gold has gradually softened over the past week despite a brief rebound on July 27. The latest prices are now the lowest seen since the third week of July, reflecting a market that has largely surrendered its earlier gains.

Why Do Gold Prices Change Every Day?

Gold prices are influenced by a range of domestic and global factors. International bullion prices, fluctuations in the rupee against the U.S. dollar, import costs and inflation expectations all contribute to daily changes in retail rates.

Market sentiment is also affected by interest-rate expectations, central bank buying, geopolitical developments and investor demand for safe-haven assets. Local taxes and jeweller-specific making charges then determine the final amount consumers pay.

Conclusion

Gold prices in Mumbai remained largely steady on July 30, with 24K gold slipping by just ₹1 to ₹14,350 per gram and 22K gold easing to ₹13,154 per gram. The muted movement suggests that the market is stabilising after several volatile sessions.

While bullion remains well below last week’s high, the slowdown in price declines may encourage buyers waiting for more stable levels. Investors, meanwhile, are likely to continue tracking global bullion trends and currency movements for the market’s next cue.

Source:

• Goodreturns | Gold prices updated for July 30, 2026.