Gold Rate in
Colaba
Live rates · 30-day history · Local jewellers · National reference rate
Gold Rate in Colaba — 08 May 2026
All prices in ₹ per gram · Inclusive of GST 3%
| Metal / Purity | Rate/gram | Rate/8g (Tola) | Rate/10g | Rate/100g |
|---|---|---|---|---|
|
24K Gold (999)
Pure gold · Coins & bars
|
₹15,115 | ₹120,919 | ₹151,149 | ₹1,511,490 |
|
22K Gold (916) Most Popular
Standard jewellery · BIS hallmark
|
₹13,845 | ₹110,762 | ₹138,452 | ₹1,384,520 |
|
18K Gold (750)
Diamond jewellery · Modern designs
|
₹11,336 | ₹90,688 | ₹113,360 | ₹1,133,600 |
|
14K Gold (585)
Export quality · Fashion jewellery
|
₹8,842 | ₹70,736 | ₹88,420 | ₹884,200 |
|
Silver (999)
Fine silver
|
₹255 | ₹2,038 | ₹2,548 | ₹25,480 |
No historical rate data from local stores in Colaba yet. History will build as local jewellers submit their daily rates.
BIS Hallmark Jewellers in Colaba
Verified stores near you
Buying Gold in Colaba — What You Should Know
Gold rates in Colaba closely follow the IBJA (India Bullion and Jewellers Association) daily benchmark, which is set twice daily based on the international spot price adjusted for import duty and local taxes. While the base rate is the same across Colaba, the total price you pay will vary between jewellers because of making charges (₹150–₹800/gram), wastage charges (2–20%), and GST at 3%.
Insist on BIS HUID hallmark on every piece. Verify the 6-digit alphanumeric code on the BIS Care app before buying.
A proper GST bill must show: gold weight, purity, gold rate, making charges, and HUID. Never accept a lump-sum bill.
Making charges vary widely in Colaba. Get quotes from at least 2–3 jewellers for the same design before deciding.
Typical Making Charges in Colaba
| Jewellery Type | Making Charges | Wastage |
|---|---|---|
| Plain Gold Bangles | ₹150–₹300/g | 2–5% |
| Gold Chains | ₹200–₹400/g | 5–12% |
| Gold Necklace | ₹300–₹600/g | 8–15% |
| Earrings | ₹250–₹500/g | 5–10% |
| Rings | ₹200–₹450/g | 3–8% |
| Bridal Set | ₹400–₹800/g | 10–20% |
Frequently Asked Questions — Gold Rate in Colaba
Colaba Gold Rates
08 May 2026
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