6 October 2026 · Source: IBJA + local market data
Gold Price: Mumbai vs Bangalore
Side-by-side comparison of gold, silver & platinum prices across both cities.
Price comparison
Gold Price Comparison
Prices per 10 grams
| Purity | Mumbai | Bangalore | Difference |
|---|---|---|---|
| 24K | ₹1,31,752 | ₹1,31,882 | ₹130 |
| 22K | ₹1,20,764 | ₹1,20,894 | ₹130 |
| 18K | ₹98,814 | ₹98,944 | ₹130 |
Price comparison
Silver Price Comparison
Prices per 10 grams
| Purity | Mumbai | Bangalore | Difference |
|---|---|---|---|
| 999 | ₹1,941 | ₹2,006 | ₹65 |
| 925 | ₹1,796 | ₹1,861 | ₹65 |
Price comparison
Platinum Price Comparison
Prices per 10 grams
| Purity | Mumbai | Bangalore | Difference |
|---|---|---|---|
| 950 | ₹54,609 | ₹54,632 | ₹23 |
Analysis
Key Insights
How prices compare between Mumbai and Bangalore.
- Both cities follow IBJA base pricing with minor local variations
- Price differences are typically ₹50–₹300 per 10 grams for gold
- Silver prices show smaller absolute differences due to lower base prices
- Making charges and GST (3% on gold, 5% on making) apply equally in both cities
FAQ
Frequently asked questions
Common questions about gold prices in Mumbai and Bangalore.
Is gold cheaper in Mumbai or Bangalore?+
Gold prices differ slightly between Mumbai and Bangalore due to local taxes, transportation costs, and jeweller margins. The difference is typically ₹50–₹300 per 10 grams. Check the comparison table above for today's exact rates.
Why are gold prices different in Mumbai and Bangalore?+
Gold prices vary between cities due to factors like proximity to bullion markets, local demand, state taxes, transportation costs, and competition among jewellers. Both cities base their rates on IBJA pricing but add local market factors.
Which city has lower making charges for gold jewellery?+
Making charges depend on the jeweller, design complexity, and local competition rather than the city itself. However, cities with more jewellers tend to have more competitive making charges. Compare quotes from multiple jewellers in both Mumbai and Bangalore.
Explore
Related pages
View detailed prices for each city individually.