Gold Price Today in Madurai — 15 May 2026
Last updated: 14 May 2026
| Weight | 24K | 22K |
|---|---|---|
| 1g | ₹15,894 | ₹14,570 |
| 8g | ₹1,27,152 | ₹1,16,560 |
| 10g | ₹1,58,940 | ₹1,45,700 |
| 100g | ₹15,89,400 | ₹14,57,000 |
| 1kg | ₹1,58,94,000 | ₹1,45,70,000 |
This city is one of India's active gold markets, with rates aligned to MCX benchmarks. Local jeweller associations may apply minor variations. Today, 24K gold here is priced at ₹15,894 per gram.
Prices include local taxes and may vary by jeweller. Always confirm the final rate including making charges before purchase. Hallmark certification ensures purity.
Gold Market in Madurai
Madurai’s market has strong traditional jewellery demand, supported by wedding buying across the region. Prices track Tamil Nadu benchmarks, with making charges varying by craftsmanship and brand.
Local tip: For bridal jewellery, confirm net weight and making charges early—peak season delivery slots fill fast.
Seasonal note: Festival seasons and wedding months typically see higher demand for traditional South Indian designs.
Nearby cities: Tiruchirappalli, Chennai
Madurai vs Nearby Cities
| City | 24K (₹/g) | 22K (₹/g) | Variation |
|---|---|---|---|
| Madurai | ₹15,894 | ₹14,570 | -0.75% |
| Bhubaneswar | ₹15,895 | ₹14,571 | -0.74% |
| Mysore | ₹15,894 | ₹14,570 | -0.75% |
| Tiruchirappalli | ₹15,907 | ₹14,582 | -0.67% |
| Varanasi | ₹15,907 | ₹14,582 | -0.67% |
| Srinagar | ₹15,894 | ₹14,570 | -0.75% |
Frequently Asked Questions
What is the gold price in Madurai today?
Today's gold price in Madurai varies slightly based on local jeweller rates. Check the table above for 24K and 22K rates per gram.
What is 22K gold price in Madurai?
22K gold in Madurai is priced as shown in the table above. 22K is 91.6% pure and preferred for traditional jewellery.
Why does gold price differ between cities?
Gold prices differ due to state taxes, local association rates, and demand. Cities like Mumbai and Delhi may have marginally different rates.
Where can I buy gold in Madurai?
Madurai has numerous certified jewellers. Look for BIS hallmark certification and compare rates at 2-3 stores before buying.
How is GST applied on gold in Madurai?
GST of 3% applies on gold jewellery across India, including in this city. Gold coins and bars for investment may have different tax treatment.
Gold & Silver Prices in Other Cities
Compare gold prices in Madurai with nearby cities: