24K gold rate in Madurai

₹1,48,523per 10 grams

+₹839 (+0.57%) since 15 October 2026

Rate for 16 October 2026

24K
₹1,48,523
per 10g · ₹14,852/g
22K
₹1,36,146
per 10g · ₹13,615/g
18K
₹1,11,392
per 10g · ₹11,139/g

52-week range

Low
₹1,23,211
High
₹1,81,982

Today sits 43% of the way up the last year’s range, which ran from ₹1,23,211 on 6 November 2025 to ₹1,81,982 on 30 January 2026.

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Madurai gold rate in context

One morning’s rate means little on its own. Here is how 16 October 2026’s figure of ₹1,48,523 per 10 grams compares with where Madurai has been, and with what the rest of India is paying today.

Against the last year

Gold in Madurai is up 13.6% against ₹1,30,694 on 16 October 2025. Today sits 43% of the way up the 52-week range.

Against last month

down 3.0% against ₹1,53,055 on 16 September 2026. Over a month, movement of a few percent is ordinary; a jump beyond that usually tracks the rupee or the international spot price rather than anything local.

Distance from the extremes

Today is ₹25,312 above the 52-week low of ₹1,23,211 (6 November 2025) and ₹33,459 below the high of ₹1,81,982 (30 January 2026). That spread is what a purchase timed well or badly is worth per 10 grams.

Against the rest of India

Madurai is the 21st cheapest of the 34 cities we track for gold today, and ₹852 above the 34-city average of ₹1,47,671.

The national spread

Cheapest today is Malappuram at ₹1,41,908; dearest is Salem at ₹1,50,787. The ₹8,879 gap between them is local taxes, transport and association margins, not a difference in the metal.

What the rate excludes

This is the rate for the metal itself in Madurai. A jeweller adds making charges and 3% GST on top, and may deduct for wastage, so two shops quoting this same rate can still hand you different bills. Rates here are indicative, aggregated figures for comparison — confirm the final price before you buy.

Gold rate near Madurai

Other South India markets we track, priced on the same day. Where a neighbouring city is meaningfully cheaper it is usually worth a call before buying.

gold rate per 10 grams in cities near Madurai on 16 October 2026
CityPer 10 gramsvs MaduraiRate for
Madurai (this page)₹1,48,523—16 October 2026
Bangalore₹1,48,372−₹15116 October 2026
Chennai₹1,49,344+₹82116 October 2026
Coimbatore₹1,48,536+₹1316 October 2026
Hyderabad₹1,48,571+₹4816 October 2026
Kochi₹1,49,122+₹59916 October 2026
Malappuram₹1,41,908−₹6,61516 October 2026

See every city we track for gold rates

Gold rate in Madurai — FAQs

What is the gold rate in Madurai today?

On 16 October 2026, 24K gold in Madurai is ₹1,48,523 per 10 grams, which works out to ₹14,852 per gram. 22K is ₹1,36,146 per 10 grams and 18K is ₹1,11,392. Rates are updated daily.

What is the 22K gold rate in Madurai today?

22K gold in Madurai is ₹1,36,146 per 10 grams on 16 October 2026, or about ₹13,615 per gram. 22K is 91.6% pure and is the standard purity for Indian jewellery, because 24K is too soft to hold a setting.

What was the highest gold rate in Madurai this year?

Over the last 52 weeks the gold rate in Madurai peaked at ₹1,81,982 per 10 grams on 30 January 2026, and bottomed at ₹1,23,211 on 6 November 2025. Today's ₹1,48,523 sits 43% of the way up that range.

Is gold getting cheaper or dearer in Madurai?

Over the past year the rate has moved from ₹1,30,694 on 16 October 2025 to ₹1,48,523 today — up 13.6%. Over the last month it is down 3.0%. The chart on this page shows the full series.

Why does the gold rate in Madurai differ from other cities?

The metal itself is priced internationally, so the underlying cost is identical everywhere. What differs is state GST, transport, and the margins set by local jeweller associations — which is why two cities can quote rates a few hundred rupees apart per 10 grams on the same morning. Each city page here shows that city's own rate rather than a national figure.

Do these Madurai rates include GST and making charges?

No. The rate shown is for the metal only. A jeweller adds 3% GST and making charges on top — often 8% to 25% of the metal value for gold jewellery — and may deduct for wastage. These figures are indicative, aggregated rates for comparison and tracking, so confirm the final price with your jeweller before buying.