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Gold Rate in Madurai

MCX Closed
Spot Price
₹1,58,875 +0.68%+₹1,079

24K (999) per 10g

Exchanges
🇮🇳 MCX
₹1,51,818
🇺🇸 COMEX
₹1,35,717
🇬🇧 LBMA
₹1,35,617
🇨🇳 SGE
₹1,36,585

Gold Rate by Weight & Purity

Weight24K(999)24K(995)22K(916)
1g₹15,888₹15,824₹14,568
8g₹1,27,100₹1,26,591₹1,16,540
10gSTD₹1,58,875₹1,58,239₹1,45,675
1 Tola₹1,85,248₹1,84,507₹1,69,857
100g₹15,88,750₹15,82,389₹14,56,752
Weight18K(750)12K(500)9K(375)
1g₹11,928₹7,952₹5,964
8g₹95,420₹63,614₹47,710
10gSTD₹1,19,276₹79,517₹59,638
1 Tola₹1,39,075₹92,717₹69,538
100g₹11,92,755₹7,95,170₹5,96,378

By weight & purity · 999 purity · Excl. GST (3%) & making charges

Gold Price Trend — Madurai

Today's gold price in Madurai on 19 May 2026 stands at ₹15,888 per gram for 24 karat gold (99.9% purity), ₹14,568 per gram for 22 karat gold (91.6% purity), and ₹11,928 per gram for 18 karat gold (75% purity).

Gold Market — Madurai

Madurai is the historic soul of Tamil gold craftsmanship. South Avani Moola Street houses generations of artisans working in narrow alleys behind modern showrooms. The city specialises in authentic, heavy 22K Temple jewellery originally crafted for the Meenakshi Amman deity. Madurai's jewellery bazaar has operated continuously since the Pandya dynasty, making it one of the longest-running gold markets in the world. The city supplies authentic Temple jewellery to classical Bharatanatyam dancers globally, cementing its reputation as the definitive source for traditional Tamil Nadu gold craft.

Regional Styles: Authentic heavy 22K Temple jewellery dominates, originally crafted for the Meenakshi Amman deity, featuring intricate depictions of deities and South Indian bridal staples.

Local Jewellers: Sri Balambigai Jewellery Mart (South Avani Moola St), Sri Sabarish Jewellery (Therku Avani Moola St), Siva Thanga Meenakshi Jewellers

Buying Tips

  • South Avani Moola Street is the ultimate destination for authentic Temple pieces.
  • Always negotiate wastage on heavy bridal pieces.
  • Look for 925 hallmarks on silver lamps near the temple.

Did You Know?

  • Madurai's jewellery bazaar has operated continuously since the Pandya dynasty.
  • The city supplies authentic Temple jewellery to classical Bharatanatyam dancers globally.

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