Gold rate in Mumbai | Today 22 & 24 Carat Gold Price in Mumbai
|DATE||GOLD||1 GRAM||8 GRAM||10 GRAM|
|09 March 2019||22 Carat||Rs. 3174||Rs. 25392||Rs. 31740|
|09 March 2019||24 Carat||Rs. 3325||Rs. 26600||Rs. 33250|
Today’s gold rate in Mumbai will vary from day today and even minutes before, the price of gold is not stable it will go down or up in seconds of time. Beyond gold as an asset among peoples in Mumbai, now gold is considering as a liquefied safest investment which standing against inflation and economic contingencies, that’s the prime reason of demand and price of gold in Mumbai soaring higher than usual. The fall and rise of today’s gold price in Mumbai depend on the US dollar rates, when the US dollar weakens in the global market, the gold rate in Mumbai rise and vice-versa.
The price rate of 22-carat gold and 24-carat gold in Mumbai is different. The price rate of gold rise in India at the time of economic instability as gold becomes a secure asset. Some of the factors influenced in today’s live gold rate in Mumbai are mentioning below;
Aspects influence in gold rate in Mumbai:
1. Indian Bullion Jewellers Association:
In Mumbai, daily gold rates are fixed by some of the biggest dealers in Mumbai and the import duty rate is added to fix today’s gold rate.
2. Value of us dollar rate:
US Dollar has a direct influence on the gold rate in India as well as in Mumbai and the exchange rate of Indian rupee inter-linked in the global market.
3. Depend on International price:
When the gold rates showing tends to move upward globally may result to raise gold rates in Mumbai also and vice-versa.