Silver Price History in Madurai for 2026
Today’s prices
Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.
Silver Investment Guide for Madurai
Industrial Use & Jewelry
Taxation on Silver
Checklist Before Buying
2. For bullion (coins/bars), ensure 999 purity.
3. Verify weight carefully as silver is often sold in larger quantities.
2026 Performance: High, Low, and Average Silver Rates in Madurai
Throughout the year 2026, silver prices in Madurai saw significant movement, reaching a peak of ₹425 per kg and a low of ₹256. With a yearly average of ₹304, 2026 was a key period for silver investors in Madurai to track market volatility.
Madurai has a significant silver market near West Masi Street. Silver pooja items for Meenakshi Amman Temple devotees — silver lamps (vilakku), silver vessels, and silver figurines — are sold in large volumes. Silver anklets (chilanka) and traditional silver jewellery for temple festivals are also popular. Kuthu vilakku (standing lamps) in silver are a common Madurai wedding gift.
Full 2026 silver rate chart for Madurai. View annual high and low prices, yearly averages, and a detailed market performance report for silver per kg.
Silver Rate in Other Cities
FAQ
How did silver prices perform in Madurai during 2026?
In 2026, silver prices in Madurai showed a growth trend of approximately 15.23%. This performance was influenced by global industrial demand, silver mining outputs, and the strength of the Indian Rupee.
What were the key price milestones for silver in Madurai in 2026?
The year 2026 saw silver in Madurai touch its highest point of ₹425 per kg in January and its lowest point of ₹256 in January.
Can I use Madurai 2026 silver rates for wealth tax calculations?
Yes, the annual averages and specific date rates provided for Madurai can be used as a reference for your financial records and asset valuation for 2026.