diff --git a/.github/workflows/linux-package-test.yml b/.github/workflows/linux-package-test.yml
index 4a0bd0656b..f2901fe783 100644
--- a/.github/workflows/linux-package-test.yml
+++ b/.github/workflows/linux-package-test.yml
@@ -11,6 +11,7 @@ on:
       - 'internal/buildscripts/packaging/collect-libs.sh'
       - 'internal/buildscripts/packaging/fpm/**'
       - 'internal/buildscripts/packaging/installer/install.sh'
+      - 'internal/buildscripts/packaging/jmx-metric-gatherer-release.txt'
       - 'internal/buildscripts/packaging/tests/helpers/**'
       - 'internal/buildscripts/packaging/tests/images/**'
       - 'internal/buildscripts/packaging/tests/package_test.py'
diff --git a/.github/workflows/win-package-test.yml b/.github/workflows/win-package-test.yml
index 4fdebd9afb..4fc0abe692 100644
--- a/.github/workflows/win-package-test.yml
+++ b/.github/workflows/win-package-test.yml
@@ -11,6 +11,7 @@ on:
       - 'cmd/otelcol/**'
       - 'internal/buildscripts/packaging/choco/**'
       - 'internal/buildscripts/packaging/installer/install.ps1'
+      - 'internal/buildscripts/packaging/jmx-metric-gatherer-release.txt'
       - 'internal/buildscripts/packaging/msi/**'
       - 'internal/signalfx-agent/bundle/**'
       - 'Makefile'
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9880b43b06..2df094d553 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,10 @@
 
 ## Unreleased
 
+### 💡 Enhancements 💡
+
+- (Splunk) Update opentelemetry-jmx-metrics version to 1.32.0 ([#4201](https://github.com/signalfx/splunk-otel-collector/pull/4201))
+
 ### 🛑 Breaking changes 🛑
 
 - (Splunk) On Windows the `SPLUNK_*` environment variables were moved from the machine scope to the collector service scope. This avoids collisions with other agents and instrumentation. If any of these environment variables are required by your apps, please adopt them directly. ([#3930](https://github.com/signalfx/splunk-otel-collector/pull/3930))
@@ -67,7 +71,7 @@ This Splunk OpenTelemetry Collector release includes changes from the [opentelem
 - (Core) `confignet`: Add `dialer_timeout` config option. ([#9066](https://github.com/open-telemetry/opentelemetry-collector/pull/9066))
 - (Core) `processor/memory_limiter`: Update config validation errors ([#9059](https://github.com/open-telemetry/opentelemetry-collector/pull/9059))
   - Fix names of the config fields that are validated in the error messages
-  - Move the validation from start to the initialization phrase 
+  - Move the validation from start to the initialization phrase
 - (Core) `exporterhelper`: Add config Validate for TimeoutSettings ([#9104](https://github.com/open-telemetry/opentelemetry-collector/pull/9104))
 
 ### 🧰 Bug fixes 🧰
@@ -99,7 +103,7 @@ This Splunk OpenTelemetry Collector release includes changes from the [opentelem
 - (Splunk) - `ecs-metadata` sync the `known_status` property on the `container_id` dimension instead of lower cardinality `container_name`. This can be prevented by configuring `dimensionToUpdate` to `container_name` ([#4091](https://github.com/signalfx/splunk-otel-collector/pull/4091))
 - (Splunk) Removes `collectd/disk` monitor ([#3998](https://github.com/signalfx/splunk-otel-collector/pull/3998))
    This monitor has been deprecated in favor of the `disk-io` monitor.
-   Note that the `disk-io` monitor has a different dimension (`disk` 
+   Note that the `disk-io` monitor has a different dimension (`disk`
    instead of `plugin_instance`) to specify the disk.
 - (Splunk) Removes `collectd/df` monitor ([#3996](https://github.com/signalfx/splunk-otel-collector/pull/3996))
    The monitor is deprecated and the filesystems monitor should be used instead.
@@ -240,16 +244,16 @@ This Splunk OpenTelemetry Collector release includes changes from the [opentelem
 
 ### 🛑 Breaking changes 🛑
 
-- (Contrib) `pkg/stanza`/`receiver/windowseventlog`: Improve parsing of Windows Event XML by handling anonymous `Data` elements. ([#21491](https://github.com/open-telemetry/opentelemetry-collector-contrib/issues/21491))  
+- (Contrib) `pkg/stanza`/`receiver/windowseventlog`: Improve parsing of Windows Event XML by handling anonymous `Data` elements. ([#21491](https://github.com/open-telemetry/opentelemetry-collector-contrib/issues/21491))
   This improves the contents of Windows log events for which the publisher manifest is unavailable. Previously, anonymous `Data` elements were ignored. This is a breaking change for users who were relying on the previous data format.
 
-- (Contrib) `processor/k8sattributes`: Graduate "k8sattr.rfc3339" feature gate to Beta. ([#28817](https://github.com/open-telemetry/opentelemetry-collector-contrib/issues/28817))  
+- (Contrib) `processor/k8sattributes`: Graduate "k8sattr.rfc3339" feature gate to Beta. ([#28817](https://github.com/open-telemetry/opentelemetry-collector-contrib/issues/28817))
   Time format of `k8s.pod.start_time` attribute value migrated from RFC3339:
   Before: 2023-07-10 12:34:39.740638 -0700 PDT m=+0.020184946
   After: 2023-07-10T12:39:53.112485-07:00
   The feature gate can be temporary reverted back by adding `--feature-gate=-k8sattr.rfc3339` to the command line.
 
-- (Contrib) `receiver/filelogreceiver`: Change "Started watching file" log behavior ([#28491](https://github.com/open-telemetry/opentelemetry-collector-contrib/issues/28491))  
+- (Contrib) `receiver/filelogreceiver`: Change "Started watching file" log behavior ([#28491](https://github.com/open-telemetry/opentelemetry-collector-contrib/issues/28491))
   Previously, every unique file path which was found by the receiver would be remembered indefinitely.
   This list was kept independently of the uniqueness / checkpointing mechanism (which does not rely on the file path).
   The purpose of this list was to allow us to emit a log whenever a path was seen for the first time.
diff --git a/internal/buildscripts/packaging/jmx-metric-gatherer-release.txt b/internal/buildscripts/packaging/jmx-metric-gatherer-release.txt
index 72f3c1dacc..860251185a 100644
--- a/internal/buildscripts/packaging/jmx-metric-gatherer-release.txt
+++ b/internal/buildscripts/packaging/jmx-metric-gatherer-release.txt
@@ -1 +1 @@
-1.29.0
\ No newline at end of file
+1.32.0
\ No newline at end of file
diff --git a/internal/buildscripts/packaging/msi/build.sh b/internal/buildscripts/packaging/msi/build.sh
index 78f354e477..bbd57eab81 100755
--- a/internal/buildscripts/packaging/msi/build.sh
+++ b/internal/buildscripts/packaging/msi/build.sh
@@ -46,11 +46,14 @@ if [ -z "$VERSION" ]; then
     VERSION="$( get_version )"
 fi
 
-docker build -t msi-builder --build-arg DOCKER_REPO="$DOCKER_REPO" -f "${SCRIPT_DIR}/msi-builder/Dockerfile" "$REPO_DIR"
+docker build -t msi-builder \
+    --build-arg JMX_METRIC_GATHERER_RELEASE="${JMX_METRIC_GATHERER_RELEASE}" \
+    --build-arg DOCKER_REPO="$DOCKER_REPO" \
+    -f "${SCRIPT_DIR}/msi-builder/Dockerfile" \
+    "$REPO_DIR"
 docker rm -fv msi-builder 2>/dev/null || true
 docker run -d --name msi-builder msi-builder sleep inf
 docker exec \
-    -e JMX_METRIC_GATHERER_RELEASE="${JMX_METRIC_GATHERER_RELEASE}" \
     -e OUTPUT_DIR=/project/dist \
     -e VERSION="${VERSION#v}" \
     msi-builder /docker-entrypoint.sh
diff --git a/internal/buildscripts/packaging/msi/msi-builder/Dockerfile b/internal/buildscripts/packaging/msi/msi-builder/Dockerfile
index 6ad166de84..78a38b53d7 100644
--- a/internal/buildscripts/packaging/msi/msi-builder/Dockerfile
+++ b/internal/buildscripts/packaging/msi/msi-builder/Dockerfile
@@ -38,6 +38,8 @@ RUN wine wineboot && \
 
 FROM wix as msi-builder
 
+ARG JMX_METRIC_GATHERER_RELEASE
+
 USER root
 RUN apt-get update -y
 RUN apt-get install -y curl unzip
@@ -52,7 +54,7 @@ RUN cp /project/internal/buildscripts/packaging/msi/msi-builder/docker-entrypoin
     chmod a+x /docker-entrypoint.sh
 
 ENV OUTPUT_DIR=/project/dist
-ENV JMX_METRIC_GATHERER_RELEASE=1.29.0
+ENV JMX_METRIC_GATHERER_RELEASE=${JMX_METRIC_GATHERER_RELEASE}
 ENV VERSION=""
 
 WORKDIR /work