What is today's 22 Karat (22K) gold rate in Mumbai?

The indicative 22 Karat (22K) gold rate in Mumbai is approximately ₹8,450 per gram (IBJA reference). Prices vary daily based on international gold prices, INR/USD exchange rate, and local market conditions. Always check with your local jeweller for the current rate.

How is GST charged on gold jewellery?

GST on gold jewellery is 3% on the total value (gold price + making charges). Making charges alone attract 5% GST. The invoice should clearly split: Gold Value + Making Charges + GST @ 3% on gold + GST @ 5% on making.

What is the difference between 22K and 24K gold for jewellery?

24K gold is 99.9% pure but too soft for jewellery. 22K gold (91.6% purity) is the standard for gold jewellery in India — it balances durability with high gold content. 18K (75%) is used for studded/diamond jewellery.

GOLD RATE · MUMBAI

22 Karat (22K) Gold Price Calculator in Mumbai

Calculate total jewellery cost with making charges and 3% GST. Based on IBJA reference rate — update the rate to today's live price.

✓ 91.6% Pure ✓ 3% GST on Gold ✓ Invoice Breakdown

22 Karat (22K) Gold Rate in Mumbai (₹ per gram)

Enter today's IBJA / local jeweller rate

Gold Weight (grams)

Making Charges

Wastage / Scrap Charge (%)

Typically 3–6%. Set 0 if not applicable.

Old Gold Exchange Weight (grams) — optional

Gold Jewellery Price — Mumbai

Gold Value (ex-GST)

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Final Payable Amount

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Invoice Component	Amount
Gold Weight	—
22 Karat (22K) Rate (₹/g)	—
Gold Value (Weight × Rate)	—
Wastage (—%)	—
Making Charges	—
GST on Gold (3%)	—
GST on Making (5%)	—
Sub Total	—
Less: Old Gold Value (if any)	—
Net Payable	—

⚡ Gold rates updated daily by IBJA (India Bullion and Jewellers Association). This calculator uses indicative rates — verify with your jeweller for the exact current rate in Mumbai.

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Gold Purity Guide — Which Karat to Choose?

Karat	Purity	Best For	Approx Rate (₹/g)
24K	99.9%	Coins, bars, investment	₹9,200
22K	91.6%	Plain gold jewellery (standard India)	₹8,450
18K	75.0%	Diamond / studded jewellery	₹6,900
14K	58.5%	Fashion jewellery, export	₹5,380

Frequently Asked Questions

The indicative 22 Karat (22K) gold rate in Mumbai is around ₹8,450/gram. Gold prices change daily. The rate includes IBJA spot price; local jewellers may add a small city-specific premium of ₹10–50/gram.

Yes — gold attracts 3% GST on its value, while making charges attract 5% GST separately. Wastage charges are treated as part of gold value and taxed at 3%. This split is mandatory on GST-compliant jewellery invoices.

BIS Hallmarking (HUID) is mandatory for gold jewellery sold in India for all carats (14K, 18K, 20K, 22K, 23K, 24K). It certifies the purity of gold. Always buy BIS hallmarked jewellery — you can verify authenticity on the BIS Care App using the 6-digit HUID code.

22 Karat (22K) Gold Price Calculator in Mumbai

Monthly tax &amp; compliance updates

Gold Purity Guide — Which Karat to Choose?

Frequently Asked Questions

Monthly tax & compliance updates