24K price performance
▲ Up ₹469.76 (+3.2%) over 31 days
Madhavaram, Tamil Nadu, India
Gold Price
24K per gram
₹15,054.03
22K per gram
₹13,799.52
18K per gram
₹11,606.66
Last rate update: Fri, Aug 7, 2026 3:04 AM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹15,054.03 |
| Weight in grams | 10.000 |
| Gold value | ₹1,50,540.30 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹4,516.21 |
| Total | ₹1,50,540.30 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Aug 07, 2026 | ₹15,054.03 | Verified |
| Aug 06, 2026 | ₹14,965.17 | Verified |
| Aug 05, 2026 | ₹14,590.91 | Verified |
| Aug 04, 2026 | ₹14,463.37 | Verified |
| Aug 03, 2026 | ₹14,508.32 | Verified |
| Aug 02, 2026 | ₹14,513.08 | Verified |
| Aug 01, 2026 | ₹14,512.87 | Verified |
| Jul 31, 2026 | ₹14,506.44 | Verified |
| Jul 30, 2026 | ₹14,464.13 | Verified |
| Jul 29, 2026 | ₹14,417.64 | Verified |
In Madhavaram, Tamil Nadu, as of 14 May 2026, gold prices remain stable with 24-karat gold valued at approximately ₹16,477.13 per gram. The recent market trend shows a gradual increase over the past month, with notable fluctuations in the last few days. Investors and buyers in Madhavaram should stay informed about current rates, especially given the dynamic nature of precious metals markets. Understanding the latest pricing and market movements can help make informed decisions whether you're purchasing gold for investment, jewelry, or other purposes. Local buyers should also consider purity standards and market conditions specific to Tamil Nadu to ensure fair transactions. Staying updated with daily price changes and market insights can help optimize your buying or selling strategy in Madhavaram's vibrant gold market.
Market
Market pulse
Gold prices in Madhavaram, Tamil Nadu, as of 14 May 2026, are steady with a slight upward trend observed over recent weeks. The 24k gold rate stands at ₹16,477.13, reflecting a stable market environment. The recent history indicates a gradual increase from around ₹15,232 in mid-April to current levels, influenced by global economic factors and local demand. Investors and jewelry buyers should monitor daily fluctuations to time their transactions effectively. While prices are currently stable, market conditions can change rapidly, so staying informed is essential for making the most of your gold dealings in Madhavaram.
Guide
Buyer playbook
To ensure a smooth gold buying experience in Madhavaram, start by researching current market rates and understanding the purity levels available. Always verify the purity markings on gold items to confirm authenticity, especially when purchasing jewelry or bullion. Compare prices from multiple local vendors to get the best deal, and consider the reputation of the seller. When buying, request detailed receipts that specify weight, purity, and price per gram. Keep an eye on market trends and recent price movements to decide the optimal time for your purchase. Additionally, consider the current market stability and global economic factors that might influence gold prices. Proper documentation and verification can help protect your investment and ensure transparency in your transactions.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Compare prices from different vendors.
- Confirm seller reputation.
- Request detailed receipts.
- Keep track of market trends.
Coverage
Rate coverage
517
Active cities
32
States covered
2
Country pages
Directory
Countries covered
By state
States in India
By city
Popular city pages
FAQ
Frequently asked questions
What is the current price of 24k gold in Madhavaram?
As of 14 May 2026, 24k gold is priced at approximately ₹16,477.13 per gram in Madhavaram, Tamil Nadu.
How has the gold price changed recently?
Recent market history shows a gradual increase from around ₹15,232 in mid-April to over ₹16,446 in mid-May, indicating a steady upward trend.
What should I check before buying gold in Madhavaram?
Verify current rates, check purity markings, compare prices, confirm seller reputation, request detailed receipts, and monitor market trends.
Are gold prices in Madhavaram stable?
Prices have shown stability with gradual increases over the past month, but daily fluctuations can occur based on market conditions.
What is the significance of purity levels like 22k or 18k?
Purity levels indicate the gold's fineness, with 24k being pure gold. Lower karats contain other metals, affecting value and appearance.
Where can I find reliable gold vendors in Madhavaram?
Look for established jewelers with good reputation, verified certifications, and transparent pricing to ensure trustworthy transactions.