Mumbai Gold Rate Today Takes Wild U-Turn! 24K Leaps Above Rs 1.44 Lakh After Rs 3170 Crash | Check Rates

Mumbai Gold Rate Today: The price of 24 karat, 22 karat, and 18 karat gold in Mumbai, Maharashtra, saw a massive revival after the precious metal witnessed a steep correction over the past three days. The 24 karat gold rate today in Mumbai surged by Rs 3,770 per 10 grams, while silver also followed the trend and surged in the Maharashtra capital on Thursday.

The sharp jump in gold rate today in Mumbai came as part of a wider rally in the precious metal across the country. Here are latest details about gold rate today in Mumbai.

Mumbai Gold Rate Today

The price of 24 karat gold in Mumbai surged by Rs 377 per gram to Rs 14,455 per gram, as per Goodreturns data at 1 pm on Thursday, July 2. The price of 22 karat gold in Mumbai jumped by Rs 345 per gram to Rs 13,250 per gram. Likewise, the rate of 18 karat gold in Mumbai increased by Rs 282 per gram to Rs 10,841 per gram.

Mumbai Silver Rate Today

The price of silver in Mumbai surged by Rs 5 per gram to Rs 245 per gram and to Rs 2,45,000 per kilogram on Thursday. Silver price in Mumbai saw sharp jump in January followed by steep crash in February.

International Gold Rate Today

Reversal in domestic gold rates trajectory was led by bullish sentiment prevailing across the international bullion market. International gold rate today surged above $4,000 per ounce on Thursday, after dipping to eight-month low mark.

The overall decline in gold prices during the week was led by weak sentiment due to growing expectations of rate hike by the US Federal Reserve. " The recent pullback in precious metals is largely attributed to investor speculation surrounding potential interest rate hikes, which have led to a cautious sentiment in the market. Analysts suggest that while gold and silver may face resistance around $4,400 and $90 respectively in the latter half of 2026, any dips could present buying opportunities," explained Gaurav Garg, research analyst at Lemonn markets desk.

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