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24K Gold Price History in Madurai for 2026

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Trend graph
Low: ₹13,614High: ₹18,328
₹19,035₹17,503₹15,971₹14,439₹12,90701 January 202623 April 2026

Today’s prices

Updated: 23 Apr 2026, 02:01
22K Gold
₹0 (+0.00%)
₹14,250 / g
10g: ₹1,42,500
24K Gold
₹0 (+0.00%)
₹15,546 / g
10g: ₹1,55,460
18K Gold
₹0 (+0.00%)
₹11,880 / g
10g: ₹1,18,800

Today's Gold Price by Weight

Weight22K (916)24K (999)18K (750)
1 gram₹14,250₹15,546₹11,880
8 grams₹1,14,000₹1,24,368₹95,040
10 grams₹1,42,500₹1,55,460₹1,18,800
1 Tola (11.664g)₹1,66,212₹1,81,329₹1,38,568
100 grams₹14,25,000₹15,54,600₹11,88,000

Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.

Gold Investment Guide for Madurai

Digital Gold vs Physical Gold
In Madurai, you can buy physical gold from local jewelers or digital gold through apps. Physical gold incurs making charges (8-25%), while digital gold is pure 24K investment with no making charges, stored in insured vaults.
Taxation on Gold
Gold jewelry purchases attract 3% GST. If you sell physical gold within 3 years, Short Term Capital Gains (STCG) tax applies. After 3 years, Long Term Capital Gains (LTCG) tax is applicable at 20% with indexation benefits.
Checklist Before Buying
1. Check the BIS Hallmark (Triangle + Purity + 6-digit code).
2. Compare Making Charges across jewelers in Madurai.
3. Ensure the invoice includes the HUID code for buyback assurance.

2026 Performance: High, Low, and Average Gold Rates in Madurai

In 2026, the highest 24K gold price in Madurai was ₹18,328 per gram, while the lowest was ₹13,614. The yearly average stands at ₹15,508, offering a comprehensive record for financial planning in Madurai.

Madurai is Tamil Nadu's second-largest gold market, with the jewellery district concentrated around West Masi Street and Puthu Mandapam near the Meenakshi Amman Temple. The temple's religious significance drives an enormous daily footfall of pilgrims who purchase gold as offerings and personal jewellery. Madurai bridal sets are among the heaviest in Tamil Nadu — the local wedding tradition calls for multiple elaborate gold sets. 22K temple jewellery with intricate filigree work is the city's specialty. Navarathri, Akshaya Tritiya, and the Chithirai Festival are peak gold-buying occasions. Gold rates track the Chennai MCX benchmark.

Full 2026 gold rate chart for Madurai (24K). View annual high/low prices, yearly averages, and market performance reports.

Gold Rate in Other Cities

FAQ

What was the overall gold price growth in Madurai during 2026?

Gold in Madurai saw a growth of approximately 14.19% over the course of 2026, outperforming several other asset classes.

How can I download the 2026 price chart for Madurai?

You can use our historical data table to export the 2026 24K gold rates for Madurai for your tax or accounting purposes.