24K price performance
▲ Up ₹639.67 (+4.2%) over 31 days
Madurai, Tamil Nadu, India
Gold Jewellery Price
24K per gram
₹15,818.00
22K per gram
₹14,500.00
18K per gram
₹12,180.00
Last rate update: Mon, Jun 1, 2026 2:34 PM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹15,818.00 |
| Weight in grams | 10.000 |
| Gold value | ₹1,58,180.00 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹4,745.40 |
| Total | ₹1,62,925.40 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 01, 2026 | ₹15,912.67 | Verified |
| May 31, 2026 | ₹15,961.80 | Verified |
| May 30, 2026 | ₹15,950.00 | Verified |
| May 29, 2026 | ₹15,889.04 | Verified |
| May 28, 2026 | ₹15,877.32 | Verified |
| May 27, 2026 | ₹16,012.81 | Verified |
| May 26, 2026 | ₹16,088.48 | Verified |
| May 25, 2026 | ₹16,104.11 | Verified |
| May 24, 2026 | ₹16,069.00 | Verified |
| May 23, 2026 | ₹16,086.19 | Verified |
In Madurai, Tamil Nadu, as of 14 May 2026, gold prices for jewelry are stable with 24k gold valued at ₹16,418 per gram, 22k at ₹15,050, and 18k at ₹12,570. These rates reflect recent market trends, which have seen fluctuations over the past month. Gold remains a popular choice for jewelry buyers in Madurai, driven by cultural significance and investment interest. It's important to stay updated on current rates, especially when purchasing or selling gold jewelry, to ensure fair transactions. Local market conditions, global economic factors, and currency fluctuations influence these prices. Whether you're a buyer or seller, understanding the current gold rates and market dynamics can help you make informed decisions. Keep an eye on daily price movements and consult trusted local jewelers for accurate assessments. As of now, gold prices have shown a gradual upward trend since early May, indicating a potentially favorable environment for transactions in Madurai.
Market
Market pulse
Gold prices in Madurai have experienced steady growth over the past few weeks, reaching a high of ₹16,387.4 on 14 May 2026. The market remains influenced by global economic trends and local demand. Recent fluctuations highlight the importance of monitoring daily rates before making significant transactions. With the current upward trend, buyers may find opportunities to purchase at favorable rates, while sellers should consider timing their sales for optimal returns. Staying informed about market movements can help you navigate the jewelry and investment landscape in Madurai more effectively.
Guide
Buyer playbook
For buyers in Madurai, it's essential to verify current gold rates and understand the purity of the jewelry. Always request certification or markings indicating the gold's purity, such as 22k or 24k. Compare rates from multiple trusted jewelers to ensure you're getting a fair deal, especially given the recent market fluctuations. Consider the total cost, including making charges and taxes, which can vary. If purchasing for investment, monitor the market regularly to identify favorable buying opportunities. For jewelry buyers, focus on craftsmanship and authenticity, and avoid impulse purchases during price surges. Keeping a record of current rates and market trends can help you make confident, informed decisions when buying gold jewelry in Madurai.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Compare prices from multiple jewelers.
- Confirm the authenticity and certification of gold.
- Understand additional costs like making charges.
- Keep updated on daily market trends.
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FAQ
Frequently asked questions
What is the current price of 24k gold in Madurai?
As of 14 May 2026, 24k gold is priced at ₹16,418 per gram in Madurai.
How often do gold prices change in Madurai?
Gold prices in Madurai fluctuate daily, influenced by global and local market factors. Recent data shows changes over the past month.
What should I check before buying gold jewelry in Madurai?
Verify current rates, check purity markings, compare prices, and ensure authenticity with proper certification.
Are there any additional costs when purchasing gold jewelry?
Yes, consider making charges, taxes, and other fees that may apply along with the base gold price.
Is it better to buy gold now or wait?
Market trends indicate a gradual upward movement, but timing depends on your personal needs and market conditions.
How can I ensure the purity of gold in Madurai?
Look for official purity markings, request certification, and buy from reputable jewelers with transparent practices.