18K Gold Price Trend in Madurai This week

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Trend graph
Low: ₹13,039High: ₹13,400
₹13,454₹13,337₹13,220₹13,102₹12,98502 March 202605 March 2026
DatePrice / gChange / g
05 March 2026₹13,039-₹61 (-0.47%)
04 March 2026₹13,100-₹300 (-2.24%)
03 March 2026₹13,400₹0 (+0.00%)
02 March 2026₹13,400-₹100 (-0.74%)

Today’s prices

Updated: 06 Mar 2026, 01:37
22K Gold
₹0 (+0.00%)
₹15,120 / g
10g: ₹1,51,200
24K Gold
₹0 (+0.00%)
₹16,495 / g
10g: ₹1,64,950
18K Gold
₹0 (+0.00%)
₹13,039 / g
10g: ₹1,30,390

Today's Gold Price by Weight

Weight22K (916)24K (999)18K (750)
1 gram₹15,120₹16,495₹13,039
8 grams₹1,20,960₹1,31,960₹1,04,312
10 grams₹1,51,200₹1,64,950₹1,30,390
1 Tola (11.664g)₹1,76,360₹1,92,398₹1,52,087
100 grams₹15,12,000₹16,49,500₹13,03,900

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.

This week Price Range and Volatility for 18K Gold in Madurai

During this This week in Madurai, 18K gold prices ranged between ₹13,039 and ₹13,400 per gram. This summary provides Madurai residents a clear view of the market direction beyond daily noise.

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.

Live analysis of 18K gold prices This week in Madurai. Compare highest and lowest rates reached with daily volatility charts.

Gold Rate in Other Cities

FAQ

How does the This week average compare to last month in Madurai?

This This week has seen a 2.77% change compared to the previous cycle in Madurai, reflecting current global market shifts.

When was the lowest price recorded in Madurai this This week?

The lowest 18K gold price in Madurai during this This week was ₹13,039 per gram.

Is it better to buy gold weekly or monthly in Madurai?

For small buyers in Madurai, weekly SIPs (Systematic Investment Plans) help average out the cost during volatile periods.