24K Gold Rate in Madurai Today (05 March 2026)
Today's Gold Price by Weight
| Weight | 24K (999) |
|---|---|
| 1 gram | ₹16,495 |
| 8 grams | ₹1,31,960 |
| 10 grams | ₹1,64,950 |
| 1 Tola (11.664g) | ₹1,92,398 |
| 100 grams | ₹16,49,500 |
Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.
Market Analysis
Today's gold rate in Madurai is ₹15,120 per gram for 22k gold. The price has decreased by 0.00% compared to yesterday. Over the last 30 days, the highest recorded rate was ₹15,775 on 1 March and the lowest was ₹14,860 on 23 February. The market has shown high volatility of 6.16% this month.
Gold Investment Guide for Madurai
Digital Gold vs Physical Gold
Taxation on Gold
Checklist Before Buying
2. Compare Making Charges across jewelers in Madurai.
3. Ensure the invoice includes the HUID code for buyback assurance.
24K Gold (999 Purity) Investment Prices in Madurai per Gram
Today, the 24K gold rate in Madurai is ₹16,495 per gram. Referred to as 999 purity, 24K is the purest gold in Madurai, ideal for investment coins and bars rather than jewelry due to its natural softness.
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.
Get the latest 24K gold price in Madurai per gram. Track live 999 purity trends and investment updates for Madurai today.
Trend
| Date | Price / g | Change / g |
|---|---|---|
| 05 March 2026 | ₹16,495 | -₹87 (-0.52%) |
| 04 March 2026 | ₹16,582 | -₹491 (-2.88%) |
| 03 March 2026 | ₹17,073 | -₹11 (-0.06%) |
| 02 March 2026 | ₹17,084 | -₹125 (-0.73%) |
| 01 March 2026 | ₹17,209 | +₹245 (+1.44%) |
| 28 February 2026 | ₹16,964 | +₹709 (+4.36%) |
| 27 February 2026 | ₹16,255 | -₹22 (-0.14%) |
| 26 February 2026 | ₹16,277 | -₹11 (-0.07%) |
| 25 February 2026 | ₹16,288 | +₹44 (+0.27%) |
| 24 February 2026 | ₹16,244 | +₹33 (+0.20%) |
Gold Rate in Other Cities
FAQ
Why is 24K gold not used for jewelry in Madurai?
24K gold is 99.9% pure and extremely soft. If used for jewelry, it would easily bend or break. Jewelers in Madurai recommend 22K or 18K for durability.
Is 24K gold in Madurai a good investment?
Yes, 24K gold bars and coins are the most liquid investment assets in Madurai. They offer the highest resale value because there is no purity loss during melting.
What does 999 purity mean for 24K gold?
999 purity means the gold is 99.9% pure. When buying 24K gold in Madurai, always look for the 999 mark to ensure you are getting investment-grade bullion.
Can I convert my 24K coins into jewelry in Madurai?
Yes, you can take 24K coins to any jeweler in Madurai. They will melt it and add alloys to create 22K or 18K jewelry, though you will pay making charges for the new ornaments.
How can I check if my 24K gold is real in Madurai?
Look for the BIS Hallmark and the 999 purity stamp. You can also visit an acid-testing center or use an XRF machine at reputable gold dealers in Madurai.