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Silver Rate in Madurai

MCX Closed
MCX Price
₹2,50,768.00 -0.76%₹1,914.00

999 Fine per kg

Exchanges
🇮🇳 MCX
₹2,50,768
🇺🇸 COMEX
₹2,27,986
🇬🇧 LBMA
₹2,35,833
🇨🇳 SGE
₹2,51,872

Silver Rate by Weight & Fineness

Weight999995925
1g₹251₹250₹232
8g₹2,006₹1,998₹1,858
10gSTD₹2,508₹2,498₹2,322
100g₹25,077₹24,976₹23,219
1kg₹2,50,768₹2,49,764₹2,32,193
Weight900800970
1g₹226₹201₹243
8g₹1,807₹1,607₹1,948
10gSTD₹2,259₹2,008₹2,435
100g₹22,592₹20,082₹24,349
1kg₹2,25,917₹2,00,815₹2,43,488

By weight & fineness · MCX 999 benchmark per kg · Prices excl. GST (3%) & making charges

Gold Price Trend — Madurai

Today's silver price in Madurai on 19 May 2026 stands at ₹251 per gram for 999 fine silver, ₹232 per gram for 925 sterling silver, and ₹201 per gram for 800 utensil silver.

Silver Market — Madurai

Madurai is a key silver retail market in southern Tamil Nadu, with the Meenakshi Temple area hosting numerous silver shops specialising in temple pooja articles, silver lamps, and traditional South Indian silver ornaments. South Avani Moola Street houses generations of artisans who produce silver temple accessories and deity adornments. The city's deep connection to the Meenakshi Amman Temple drives consistent demand for silver religious articles — silver Kuthu Vilakku, deity crowns, and pooja thalis. Madurai's silver market has operated continuously since the Pandya dynasty era. Silver temple jewellery replicas that mirror gold temple designs at accessible prices are increasingly popular among younger buyers.

Silver Traditions: Madurai's silver traditions centre on temple worship — silver Kuthu Vilakku (lamps), silver deity crowns, and silver pooja thalis are crafted by artisans whose families have served the Meenakshi Temple for generations. Silver kolusu (anklets) are worn by married women as part of Tamil tradition.

Silver Dealers in Madurai

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

National chains: Tanishq, Kalyan Jewellers, Malabar Gold, Joyalukkas, Khazana Jewellery

Buying Tips

  • Look for 925 hallmarks on silver lamps and temple articles near the Meenakshi Temple.
  • South Avani Moola Street artisans offer the most authentic silver temple accessories in Tamil Nadu.
  • Negotiate wastage charges on heavy silver pooja articles the same way you would for gold.

Did You Know?

  • Madurai's silver market near the Meenakshi Temple has operated continuously since the Pandya dynasty.
  • The city supplies silver temple accessories to Bharatanatyam dancers and temple trusts across South India.

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