Gold Rate in Madurai Today
Live 22K, 24K & 18K gold and silver rate in Madurai, Tamil Nadu — per gram, sovereign & 10 grams, with day change and free calculators. Wednesday, 12 August 2026.
Gold Rate Today in Madurai (22K & 24K)
| Weight | 22K Gold | 24K Gold |
|---|---|---|
| 1 gram | ₹13,741 | ₹14,985 |
| 8 gram (1 Pavan / Sovereign) | ₹1,09,927 | ₹1,19,876 |
| 10 gram | ₹1,37,408 | ₹1,49,846 |
| 100 gram | ₹13,74,084 | ₹14,98,455 |
What Drives the Gold Rate in Madurai?
The gold rate in Madurai follows the same national fundamentals as the rest of India — the international spot price in US dollars, the rupee-dollar exchange rate, and import duty plus 3% GST. On top of that, Madurai adds its own local layer: transport and insurance to bring bullion into the city, the margins of local jewellers and bullion associations, and demand from Tamil Nadu buyers. That is why the Madurai price can differ by a few rupees per gram from a neighbouring city on the same day.
South India is one of the country’s largest gold markets, and buyers here traditionally prefer 22K jewellery, often measured by the pavan. Because these local factors shift with festivals, weddings and seasonal demand, the Madurai gold rate is refreshed here every day so you always compare against a current benchmark before visiting a showroom. In Tamil Nadu, gold is often bought by the sovereign — one sovereign equals 8 grams, so one sovereign of 22K gold in Madurai is about ₹1,09,927 today.
Madurai Gold Value Calculator (with GST)
Enter weight, purity and making charges to see the real out-the-door price in Madurai.
Tips for Buying Gold in Madurai
Before you buy gold jewellery or coins in Madurai, keep four things in mind. One — insist on hallmarking. Only buy BIS-hallmarked gold with a 6-digit HUID and verify it in the BIS CARE app; this guarantees the 22K (916) or 24K (999) purity you are paying for. Two — check the making charges separately. Madurai jewellers quote making charges as a percentage of gold value or a flat rate per gram, and both attract 3% GST. Use the calculator above to separate the metal cost from the making charge so you can negotiate the right number.
Three — compare the day's rate. The board rate shown at a Madurai showroom should be close to today's benchmark above; if it is far higher, ask why. Four — buy for purpose. Choose 24K coins or Sovereign Gold Bonds for investment, 22K for traditional Tamil Nadu jewellery, and 18K for lightweight or studded designs. If you are simply saving, digital gold and SGBs let you accumulate gold in Madurai without making charges or storage worries.
Gold Loan Estimator — Madurai
Banks and NBFCs in Madurai lend up to ~75% of your gold's value. Estimate your amount below.
Gold Rate Trend in Madurai
| Date | 22K | 24K | Silver |
|---|---|---|---|
| 12 Aug | ₹13,681 | ₹14,925 | ₹216 |
Gold Rate in Madurai — FAQ
What is the gold rate today in Madurai?
Today (Wednesday, 12 August 2026) 22K gold in Madurai is about ₹13,741 per gram and 24K about ₹14,985 per gram. 10 grams of 22K is around ₹1,37,408.
What is 1 pavan / sovereign of gold in Madurai today?
1 pavan (sovereign) is 8 grams. In Madurai today, 8g of 22K gold is about ₹1,09,927.
What is the 916 gold rate in Madurai?
916 means 22 carat (91.6% pure). The 916 hallmark gold rate in Madurai today is about ₹13,741 per gram.
Does the Madurai gold rate include GST?
The displayed rate reflects the metal price. On purchase you pay 3% GST on gold value and 3% on making charges — use the calculator above for the final Madurai price.
How much gold loan can I get in Madurai?
Lenders in Madurai offer up to ~75% of your gold's value (RBI cap). Try the estimator above with today's rate.
Is the gold rate the same across Tamil Nadu?
It is very close, but small differences of a few rupees per gram exist between cities due to local transport and dealer margins. Always confirm with your Madurai jeweller.