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Gold Rate Today in Madurai (26 January 2026) – 22K & 24K

As of , gold rates in Madurai are 16,391 per gram for 24K (99.9% purity), 15,025 per gram for 22K (91.6% purity), and 12,293 per gram for 18K (75.0% purity). Silver rate is ₹375 per gram. For today's full gold rates, visit GoldMeter.in.

Today's Gold & Silver Rates in MaduraiINR1229316391
MetalPurityRate per GramRate per 8gRate per 10g
Gold 24K99.9%16,3911,31,1281,63,910
Gold 22K91.6%15,0251,20,2001,50,250
Gold 18K75.0%12,29398,3441,22,930
Silver99.9%3753,0003,750
Verified from IBJA|Updated: |Source: GoldMeter.in

The gold rate in Madurai is updated daily based on international market rates, USD/INR currency movements, and Tamil Nadu Bullion Association pricing. Madurai, one of Tamil Nadu's oldest cities, has a strong gold-buying tradition linked to Meenakshi Temple. These prices exclude making charges (₹140-380/gram) and 3% GST.

Town Hall Road and South Masi Street are Madurai's main jewellery hubs, offering traditional South Indian temple jewellery at competitive prices. The city's temple culture drives demand for religious gold items. Gold buying peaks during Meenakshi Thirukalyanam, Chithirai festival, and wedding season.

Updated 26/1/2026

Madurai Gold Rate — Per 10 Grams

Live prices updated daily

22K Gold

1,50,250

+2750 vs yesterday

24K Gold

1,63,910

+4420 vs yesterday

18K Gold

1,22,933

+3315 vs yesterday

Silver (1kg)

3,75,000

+10000 vs yesterday

View ChartsCalculate Price

Gold rate in Madurai today per gram: 22K & 24K live prices with Town Hall Road and South Masi Street trends, charts, and FAQs.

Quick Calculator

16391.00/ gram

Estimate jewellery cost with making + GST

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22K Gold - Quick Cards

Madurai price

1 gram

15,025

1 gram

275

8 gram

1,20,200

8 gram

2200

10 gram

1,50,250

10 gram

2750

100 gram

15,02,500

100 gram

27500

24K Gold - Quick Cards

Madurai price

1 gram

16,391

1 gram

442

8 gram

1,31,128

8 gram

3536

10 gram

1,63,910

10 gram

4420

100 gram

16,39,100

100 gram

44200

18K Gold - Quick Cards

Madurai price

1 gram

12,293

1 gram

332

8 gram

98,346

8 gram

2652

10 gram

1,22,933

10 gram

3315

100 gram

12,29,330

100 gram

33150

Silver - Quick Cards

Madurai price

1 gram

375

1 gram

10

10 gram

3,750

10 gram

100

100 gram

37,500

100 gram

1000

1 kg

3,75,000

1000 gram

10000

Gold Rate in Madurai for Last 10 Days (1 gram)

Date24K22K18KSilver (1g)
26 Jan(Today)
16,391(+442)
15,025(+275)
12,293(+332)
375(+10)
25 Jan
15,949(0)
14,750(0)
11,962(0)
365(0)
24 Jan
15,949(+76)
14,750(+200)
11,962(+57)
365(+20)
23 Jan
15,873(+382)
14,550(+350)
11,905(+287)
345(+5)
22 Jan
15,491(-235)
14,200(-215)
11,618(-176)
340(-5)
21 Jan
15,726(+562)
14,415(+515)
11,795(+422)
345(+5)
20 Jan
15,164(+490)
13,900(+449)
11,373(+368)
340(+22)
19 Jan
14,674(+188)
13,451(+172)
11,006(+141)
318(+8)
18 Jan
14,486(-1)
13,279(-1)
10,865(-1)
310(0)
17 Jan
14,487(0)
13,280(0)
10,865(0)
310(0)

Historical Price of Gold Rate

Gold Price Movement in December 2025
Gold Rates22K24K18K
Rate at start of month13,01914,20310,652
Rate at end of month12,47913,61410,211
Highest rate in December13,01914,203 on 29 Dec10,652
Lowest rate in December12,47913,614 on 31 Dec10,211
Overall performanceFalling
% Change-4.15%
Gold Price Movement in January 2026
Gold Rates22K24K18K
Rate at start of month12,43913,61310,210
Rate at end of month15,02516,39112,293
Highest rate in January15,02516,391 on 26 Jan12,293
Lowest rate in January12,43913,613 on 01 Jan10,210
Overall performanceRising
% Change+20.41%

Price Trend - Madurai

Historical price movement · Per 10 grams

No price data available

Hallmarking centers

Tamil Nadu Hallmarking Center (Madurai Branch) and Regional Office.

Making charges

₹140 – ₹380 per gram for 22K ornaments in Town Hall Road.

Top jewellery hubs

Town Hall Road, South Masi Street, and North Masi Street stores.

Tools & Calculators

FAQs

What is the gold rate in Madurai today per gram?

Today's Madurai gold rate per gram is ₹15025 for 22K and ₹16391 for 24K. Updated daily by GoldMeter.

What is the gold rate in Madurai today?

Today's gold rate in Madurai is ₹16,391 per gram for 24K gold and ₹15,025 per gram for 22K gold. Prices are updated daily from Tamil Nadu bullion market.

Why does Madurai gold rate change daily?

Madurai gold prices fluctuate based on London spot prices, USD/INR exchange rate, and temple festival demand. Meenakshi Temple events significantly boost gold buying.

How is 22K different from 24K gold?

24K gold is 99.9% pure (for investment), while 22K gold is 91.6% pure with alloy. Madurai jewellers prefer 22K for traditional temple jewellery and antique designs.

Does making charge affect final jewellery price?

Yes, making charges in Madurai range from ₹140-380 per gram - lower than Chennai. Final price = Gold Rate × Weight + Making Charges + 3% GST.

Are Madurai gold rates lower than Chennai?

Yes, Madurai rates are typically ₹30-50 lower than Chennai due to lower overhead costs, making it attractive for bulk purchases.

Which is the best place to buy gold in Madurai?

Town Hall Road (main market), South Masi Street, and near Meenakshi Temple. For branded jewellery, visit GRT, Saravana, or Lalitha showrooms.

Why Gold Prices Change in Madurai

Gold prices in Madurai fluctuate based on several key factors:

  • International spot price – London gold fix and COMEX futures directly influence local rates
  • USD/INR exchange rate – A weaker rupee makes gold imports costlier
  • MCX gold futures – India's Multi Commodity Exchange sets domestic benchmarks
  • Local demand – Wedding season and festivals like Akshaya Tritiya spike Madurai demand
  • Import duties & GST – Government levies (currently ~18.5% total) affect final prices

Is Today a Good Day to Buy Gold in Madurai?

Today's Madurai gold rate is up ₹4420 from yesterday.

Quick market analysis:

  • • Prices rising – consider buying before further increase
  • • Check 30-day trend in chart above for pattern
  • • Wedding/festival seasons typically see higher prices

Note: This is informational only, not financial advice. Gold prices can be volatile.

Difference Between 22K and 24K Gold

24K Gold (99.9% pure)

Purest form of gold. Ideal for investment, coins, and bars. Too soft for daily-wear jewellery. Current Madurai rate: 16,391/gram

22K Gold (91.6% pure)

Most popular for jewellery in India. Mixed with copper/silver for durability. Standard for wedding ornaments. Current Madurai rate: 15,025/gram

18K Gold (75% pure)

Stronger and more affordable. Common for studded jewellery and international designs. Current Madurai rate: 12,293/gram

Gold Rate Today in Madurai

Today's gold rate in Madurai is 15,025 per gram for 22K and 16,391 per gram for 24K gold. Madurai is Tamil Nadu's Temple City with a vibrant gold market centered around Meenakshi Amman Temple. South Masi Street and Town Hall Road are the main jewellery hubs. Prices are updated from IBJA multiple times daily.

Traditional jewellers offer authentic Tamil temple jewellery. Gold prices fluctuate based on global economic conditions and local festival demand.

Gold Rates by Carat in Madurai

  • 24 Carat Gold Rate - 99.9% pure for investment
  • 22 Carat Gold Rate (916) - Standard for Tamil temple jewellery
  • 18 Carat Gold Rate - For diamond-studded designs

Factors Influencing Gold Prices

  • Global - Dollar index, Federal Reserve, geopolitical tensions
  • Domestic - Currency exchange, import duties, GST, local demand
  • Peak Seasons - Chithirai Festival, Pongal, Tamil wedding season

BIS Hallmarking

  • BIS Logo with purity grade (916/750)
  • HUID - 6-digit unique identification
  • Purchase only from BIS-certified jewellers

Gold Buying Tips for Madurai

  • Check rates on GoldMeter before visiting
  • Compare prices on South Masi Street and branded showrooms
  • Understand making charges (8-20%); temple jewellery may be higher
  • Get detailed invoice with gold weight and purity

Popular jewellers: Thangamayil, GRT, Kalyan, Tanishq, and traditional family jewellers.

Investment Options

  • Physical gold - coins, bars, jewellery
  • Sovereign Gold Bonds - 2.5% interest, tax-free on maturity
  • Gold ETFs and mutual funds
  • Digital gold via apps

Gold Loans & Taxation

  • Banks and NBFCs offer gold loans at 75% LTV
  • GST: 3% on gold, 5% on making
  • Long-term gains (3+ years): 20% with indexation

GoldMeter provides daily updated gold rates for Madurai.

🏪Popular Jewellers in Madurai

Compare gold rates and making charges from trusted jewellers in Madurai. All listed jewellers are BIS hallmark certified.

📍Gold Markets & Jewellery Hubs in Madurai

Explore the famous jewellery markets and gold trading areas in Madurai for the best deals and variety.

1South Masi Street

Historic jewellery market near Meenakshi Temple. Traditional Tamil jewellers with generations of expertise in temple jewellery.

✨ Known for: Temple jewellery, traditional Tamil designs, pilgrimage purchases

📍 Area: Temple area

2West Masi Street

Commercial area with mix of local and branded jewellers. Good for everyday jewellery and wedding shopping.

✨ Known for: Mix of traditional and modern, competitive pricing

📍 Area: Central Madurai

3Periyar Bus Stand Area

Popular shopping area with multiple jewellery shops catering to visitors and locals.

✨ Known for: Convenient location, variety of shops, tourist-friendly

📍 Area: Near Periyar Bus Stand

💎Typical Making Charges in Madurai

Making charges vary based on design complexity, craftsmanship, and jeweller. Here's a typical range for Madurai:

Jewellery TypeMaking Charges (per gram)Notes
Plain Gold Jewellery₹140 - ₹240/gramChains, simple bangles, rings
Antique/Matte Finish₹280 - ₹380/gramOxidized, handcrafted designs
Temple Jewellery₹320 - ₹400/gramTraditional South Indian designs
Diamond Studded₹350 - ₹450/gramStone setting charges extra

💡 Smart Buying Tips:

  • Madurai has among the lowest making charges in Tamil Nadu
  • Temple jewellery near Meenakshi Temple is authentic and well-crafted
  • Compare rates with Chennai for best deals
  • Wedding season (April-June) brings special offers
  • Pilgrimage season sees good variety of religious jewellery

📈Historical Gold Price Trends in Madurai

Madurai gold rates are typically ₹30-50 lower than Chennai due to lower overheads. The city's temple town status drives unique demand for religious and traditional jewellery designs.

📊

Yearly Trend

8-11% annual appreciation, following Tamil Nadu market trends

🗓️

Seasonal Pattern

Peak buying during Chithirai festival, wedding season (April-June), and Deepavali

💡

Best Time to Buy

Post-monsoon months and January typically see stable pricing

🎉

Festival Impact

Meenakshi Temple's Chithirai festival sees significant gold buying; Pongal also important

📌 Note: Gold prices are influenced by global factors including international spot prices, USD/INR exchange rates, and geopolitical events. Historical trends are indicative and past performance doesn't guarantee future prices. Always check current rates before making a purchase.

About GoldMeter

GoldMeter is India's gold price tracker, updating Madurai rates daily.

  • Daily updates: Fresh prices every morning
  • All purities: 24K, 22K, and 18K per gram
  • 30-day history: Track trends and patterns
  • All major cities: Pan-India coverage

Note: Shop prices may vary due to making charges and GST.