Silver Price Trend in Madurai This week
| Date | Price / g | Change / 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%) |
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.
This week Price Range and Volatility for Silver in Madurai
During This week in Madurai, silver prices moved between a low of ₹295 and a high of ₹315 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 week in Madurai. Compare the highest and lowest silver rates reached this This week with daily volatility data.
Silver Rate in Other Cities
FAQ
How does the This week silver average compare to the previous cycle in Madurai?
Silver in Madurai has seen a 6.78% volatility shift This week, largely driven by international industrial demand and global silver ETF movements.
When was the best time to buy silver in Madurai this This week?
The lowest silver rate in Madurai during this This week 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 week basis?
Generally, yes. Because silver has a smaller market and significant industrial use, its This week fluctuations in Madurai tend to be sharper than gold’s.
What factors might change the silver trend in Madurai next This week?
Keep an eye on the US Dollar strength and local festival demand in Madurai. These factors often dictate whether the next This week will see a price hike or a correction.