Silver rate in Madurai

₹2,11,054per kilogram

+₹2,302 (+1.10%) since 14 October 2026

Rate for 15 October 2026

999 fine
₹2,111
per 10g · ₹211/g

52-week range

Low
₹1,54,132
High
₹4,13,713

Today sits 22% of the way up the last year’s range, which ran from ₹1,54,132 on 6 November 2025 to ₹4,13,713 on 30 January 2026.

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Madurai silver rate in context

One morning’s rate means little on its own. Here is how 15 October 2026’s figure of ₹2,11,054 per kilogram compares with where Madurai has been, and with what the rest of India is paying today.

Against the last year

Silver in Madurai is up 17.3% against ₹1,79,887 on 15 October 2025. Today sits 22% of the way up the 52-week range.

Against last month

down 9.1% against ₹2,32,076 on 15 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 ₹56,922 above the 52-week low of ₹1,54,132 (6 November 2025) and ₹2,02,659 below the high of ₹4,13,713 (30 January 2026). That spread is what a purchase timed well or badly is worth per kilogram.

Against the rest of India

Madurai is the 9th cheapest of the 18 cities we track for silver today, and ₹2,169 below the 18-city average of ₹2,13,223.

The national spread

Cheapest today is Jaipur at ₹2,10,640; dearest is Salem at ₹2,40,000. The ₹29,360 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.

Silver 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.

silver rate per kilogram in cities near Madurai on 15 October 2026
CityPer kilogramvs MaduraiRate for
Madurai (this page)₹2,11,054—15 October 2026
Bangalore₹2,10,830−₹22415 October 2026
Chennai₹2,12,006+₹95215 October 2026
Coimbatore₹2,11,057+₹315 October 2026
Hyderabad₹2,11,130+₹7615 October 2026
Mangalore₹2,10,850−₹20415 October 2026
Mysore₹2,11,464+₹41015 October 2026

See every city we track for silver rates

Silver rate in Madurai — FAQs

What is the silver rate in Madurai today?

On 15 October 2026, silver in Madurai is ₹2,11,054 per kilogram, which works out to ₹2,111 per 10 grams. Rates are updated daily.

What was the highest silver rate in Madurai this year?

Over the last 52 weeks the silver rate in Madurai peaked at ₹4,13,713 per kilogram on 30 January 2026, and bottomed at ₹1,54,132 on 6 November 2025. Today's ₹2,11,054 sits 22% of the way up that range.

Is silver getting cheaper or dearer in Madurai?

Over the past year the rate has moved from ₹1,79,887 on 15 October 2025 to ₹2,11,054 today — up 17.3%. Over the last month it is down 9.1%. The chart on this page shows the full series.

Why does the silver 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 kilogram 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.