24K price performance
▲ Up ₹642.93 (+4.2%) over 31 days
Madurai, Tamil Nadu, India
Gold 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 2:05 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 | ₹1,58,180.00 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 01, 2026 | ₹15,915.93 | 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 remain stable across various purities. The 24-karat gold is valued at approximately ₹16,418 per gram, with no recent change in its rate. The 22-karat gold is priced around ₹15,050, and 18-karat gold is approximately ₹12,570. These rates are influenced by global market trends and local demand, which can fluctuate daily. Historically, gold prices in Madurai have experienced some variation over the past month, with recent upward movements indicating a potential trend of rising gold value. Whether you're considering buying or selling, understanding the current rates and market conditions can help you make informed decisions. It’s advisable to stay updated with daily price movements and consult local jewelers or trusted sources for the most accurate and current information. Gold remains a popular investment and ornament choice in Madurai, reflecting its cultural significance and economic stability.
Market
Market pulse
Gold prices in Madurai have shown stability with slight upward trends as of mid-May 2026. The recent high of ₹16,387.4 per gram on May 14 indicates a strengthening market, influenced by global economic factors and local demand. While prices have experienced some fluctuations over the past month, the overall trend suggests cautious optimism among investors and consumers. Monitoring daily market updates can provide better insights into potential price movements, especially for those planning to buy or sell gold in Tamil Nadu. Staying informed about market conditions helps ensure timely transactions aligned with current rates.
Guide
Buyer playbook
When purchasing gold in Madurai, start by researching current rates for the purity you desire, such as 24K, 22K, or 18K. Always verify the purity markings and ensure the gold is hallmarked by reputable authorities. Compare prices across multiple local jewelers to find the best deal, but prioritize trustworthiness and certification. Consider the form of gold—jewelry, coins, or bars—and evaluate its resale value if needed. Keep in mind the current market trend, which as of May 2026 shows a slight upward movement, indicating potential price increases. When selling, ensure your gold is properly appraised and hallmarked, and keep documentation of purchase and purity. Staying informed about market fluctuations and verifying authenticity can help you make confident transactions in Madurai’s vibrant gold market.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Confirm hallmarks from reputable authorities.
- Compare prices from multiple jewelers.
- Inspect gold for any signs of tampering or damage.
- Keep purchase receipts and certification for future reference.
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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 approximately ₹16,418 per gram in Madurai.
How can I verify the purity of gold in Tamil Nadu?
Check for official hallmarks and certifications from reputable authorities to ensure purity.
Are gold prices in Madurai expected to rise soon?
Recent trends indicate a slight upward movement, but gold prices can fluctuate based on global and local factors.
What should I consider when selling gold in Madurai?
Ensure your gold is hallmarked, properly appraised, and keep all purchase documentation for accurate valuation.
Is it better to buy gold jewelry or coins in Madurai?
It depends on your purpose; jewelry offers ornamentation, while coins and bars may have better resale value.
Where can I get the best gold deals in Madurai?
Compare rates and verify authenticity at reputable jewelers and certified gold dealers across the city.