Gold Rate Today in Madurai

How the Madurai gold rate is set

Jewellers across Tamil Nadu generally price off a common regional rate, so we show Madurai using the Chennai benchmark market. When the Chennai rate moves, the Madurai rate moves with it. Your local jeweller may still charge slightly more or less, so treat the figure as a reliable reference rather than a fixed quote.

Over the past month the 24K rate has fallen by ₹749 per gram (4.8%), and over the past year it is up 24.9%. In the last 30 days, the 24K price peaked at ₹15,667 per gram on 5 September 2026 and was lowest at ₹14,880 on 29 September 2026.

What will 10 grams of gold jewellery cost in Madurai?

The base rate is only the start. Here is a worked example at today's Madurai rate for a 10 gram, 22K piece with a 10% making charge:

Try your own numbers in the calculator above, or open the full gold price calculator for Madurai.

Buying gold in Tamil Nadu: festivals and seasons

Demand for gold in Tamil Nadu tends to rise around Akshaya Tritiya, Pongal, Diwali and the wedding season. Gold is often bought and quoted by the sovereign (pavan), which is 8 grams, and 22K temple-style jewellery has long been a favourite for weddings and gifting.

Busy periods are when jewellers run offers, often on making charges, and also when shops are most crowded. If you are planning a large purchase, it helps to compare quotes a few days ahead instead of deciding on the day, and to be wary of any offer that is not written down on the estimate.

Buying gold in Madurai: what to check

• Purity. Look for the BIS hallmark with the karat and purity number, such as 22K916, and the six-character HUID. You can verify the HUID through BIS. See our guide to checking gold purity.
• The bill. It should list the day's rate, the weight, the making charge and GST on separate lines. Stone weight should be charged separately from gold weight.
• Making charges. They vary by design and by shop, and they are the part of the price that is genuinely negotiable. Compare at least two jewellers. Our guide to making charges and GST shows how.
• Buy-back terms. Ask what the shop will pay if you sell the piece back and whether the making charge is adjusted in an exchange. Get it in writing.
• Payment. Prefer bank transfer, card or UPI for large amounts. Cash limits and PAN requirements apply to big purchases.

Selling gold in Madurai

When you sell, the buyer pays for the pure gold in your piece and deducts for testing and melting. That means you will be offered less than the rate on this page, and the offer can differ from one buyer to the next. Get at least two quotes, ask for the purity test to be done while you watch, and make sure the receipt shows the weight, purity and the rate used. Our guide on selling old gold has the full checklist, and our sell calculator gives a rough figure for Madurai.