Silver Price Trend in Madurai This month

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Trend graph
Low: ₹295High: ₹325
₹330₹320₹310₹300₹29101 March 202605 March 2026
DatePrice / gChange / g
05 March 2026₹295₹0 (+0.00%)
04 March 2026₹295-₹20 (-6.35%)
03 March 2026₹315₹0 (+0.00%)
02 March 2026₹315-₹10 (-3.08%)
01 March 2026₹325+₹5 (+1.56%)

Today’s prices

Updated: 06 Mar 2026, 01:37
Silver
₹0
₹295 / g
1kg: ₹2,95,000

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
Silver in Madurai is widely used for payals (anklets), utensils, and idols. Unlike gold, silver prices are more volatile due to industrial demand.
Taxation on Silver
Physical silver purchases attract 3% GST. Like gold, selling within 3 years incurs STCG tax, while LTCG applies after 3 years.
Checklist Before Buying
1. Look for 925 Sterling Silver mark for jewelry.
2. For bullion (coins/bars), ensure 999 purity.
3. Verify weight carefully as silver is often sold in larger quantities.

This month Price Range and Volatility for Silver in Madurai

During This month in Madurai, silver prices moved between a low of ₹295 and a high of ₹325 per kg. This summary offers Madurai investors a clear view of the silver market’s momentum and price stability.

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.

Live analysis of silver prices This month in Madurai. Compare the highest and lowest silver rates reached this This month with daily volatility data.

Silver Rate in Other Cities

FAQ

How does the This month silver average compare to the previous cycle in Madurai?

Silver in Madurai has seen a 10.17% volatility shift This month, largely driven by international industrial demand and global silver ETF movements.

When was the best time to buy silver in Madurai this This month?

The lowest silver rate in Madurai during this This month was recorded at ₹295 per kg. Investors often look for these "dips" to enter the market.

Is silver more volatile than gold in Madurai on a This month basis?

Generally, yes. Because silver has a smaller market and significant industrial use, its This month fluctuations in Madurai tend to be sharper than gold’s.

What factors might change the silver trend in Madurai next This month?

Keep an eye on the US Dollar strength and local festival demand in Madurai. These factors often dictate whether the next This month will see a price hike or a correction.