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Gold Rate in Madurai South Today

Madurai South, Madurai, Tamil Nadu

Updated Today

Madurai South Gold Rates

Today's prices · 09 May 2026

22K Gold (916) ↓ ₹0
₹13,638.18
per gram
10 grams ₹136,382
100 grams ₹1,363,818
Yesterday ₹13,779.78
24K Gold (999)
₹14,888.86
per gram
10 grams ₹148,889
100 grams ₹1,488,886
Yesterday ₹15,043.36
18K Gold (750)
₹11,177.84
per gram
10 grams ₹111,778
Silver (999)
₹236.54
per gram
100 grams ₹23,654

Gold Rate by Weight in Madurai South

Today · 09 May 2026

Weight 24K (999) 22K ★ (916) 18K (750)
1 gram ₹14,889 ₹13,638 ₹11,178
2 grams ₹29,778 ₹27,276 ₹22,356
4 grams ₹59,555 ₹54,553 ₹44,711
5 grams ₹74,444 ₹68,191 ₹55,889
8 grams ₹119,111 ₹109,105 ₹89,423
10 grams ₹148,889 ₹136,382 ₹111,778
1 Tola (11.664 g) ₹173,661 ₹159,073 ₹130,376
20 grams ₹297,777 ₹272,764 ₹223,557
50 grams ₹744,443 ₹681,909 ₹558,892
1 Troy oz (31.1 g) ₹463,096 ₹424,195 ₹347,670
100 grams ₹1,488,886 ₹1,363,818 ₹1,117,784
1 kg ₹14,888,860 ₹13,638,180 ₹11,177,840
★ 22K (916 Hallmark) is the standard for jewellery in India. Prices are metal value only — making charges, GST (3%), and hallmarking fee are additional.

Gold Price Calculator — Madurai South

Calculate gold value by weight at today's local rate

₹
Estimated Gold Value

* Metal value only. Add making charges (₹200–₹800/g), 3% GST, and hallmarking fee for total purchase cost.

10-Day Gold Rate History — Madurai South

22K & 24K daily rates

Date 24K / gram 22K / gram 22K / 10g
29 Apr 2026 Today ₹14,888.86 ₹13,638.18 ₹136,382
11 Apr 2026 ₹15,043.36 ₹13,779.78 ₹137,798
06 Apr 2026 ₹14,669.02 ₹13,436.84 ₹134,368
08 Mar 2026 ₹15,875.10 ₹14,541.60 ₹145,416
07 Mar 2026 ₹15,875.10 ₹14,541.60 ₹145,416
06 Mar 2026 ₹15,875.10 ₹14,541.60 ₹145,416
05 Mar 2026 ₹16,058.60 ₹14,709.70 ₹147,097
04 Mar 2026 ₹16,254.80 ₹14,889.40 ₹148,894
03 Mar 2026 ₹16,747.10 ₹15,340.30 ₹153,403
02 Mar 2026 ₹16,747.10 ₹15,340.30 ₹153,403

Monthly Gold Rate Summary — Madurai South

22K highest and lowest price each month

Apr 2026
High
₹13,780
Low
₹13,437
Mar 2026
High
₹15,340
Low
₹14,542
Feb 2026
High
₹14,587
Low
₹13,621

30-Day Gold Price Trend

22K gold rate movement in Madurai South

Jewellers in Madurai South

2 verified jewellers

R.R. V. Gold

R.R. V. Gold

Rasi Jewellers

Rasi Jewellers

About Gold Rate in Madurai South

Gold rate in Madurai South, Madurai, Tamil Nadu today is ₹13,638.18 per gram for 22K (916 Hallmark) gold and ₹14,888.86 per gram for 24K (999) gold. These rates are updated daily based on the official IBJA (India Bullion and Jewellers Association) rate, adjusted for local market conditions in Madurai South.

The price of gold in Madurai South may vary slightly from the national IBJA rate due to transportation costs from the nearest wholesale gold hub, local taxes, and jeweller margins. The actual price you pay at a jewellery store will be higher — jewellers add making charges (typically ₹200–₹800 per gram), 3% GST on the total, and a hallmarking fee of ₹45 per piece.

22K gold (916 hallmark) is the most popular choice for jewellery purchases in India including Madurai South because it is durable and affordable. 24K gold (999 purity) is preferred for investment in coins and bars as it has no alloy content. 18K gold is used for lightweight, modern jewellery designs.

There are currently 2 jewellers listed in Madurai South on JewellersInCity. Use the listings above to compare prices, read reviews, and find the best jeweller near you.

Frequently Asked Questions

Gold rate in Madurai South — common queries answered

Today's gold rate in Madurai South, Madurai is ₹13,638.18/gram for 22K (916 Hallmark) and ₹14,888.86/gram for 24K (999 purity). These rates are as of 09 May 2026.
10 grams of 22K gold in Madurai South costs ₹136,382 today. 10 grams of 24K gold costs ₹148,889. Note: actual purchase price will include making charges and 3% GST.
1 Tola equals 11.664 grams. At today's rate, 1 Tola of 22K gold in Madurai South costs ₹159,073 and 1 Tola of 24K gold costs ₹173,661.
1 Sovereign equals 8 grams. Today's price for 1 sovereign of 22K gold in Madurai South is ₹109,105.
The IBJA (India Bullion and Jewellers Association) publishes a national benchmark rate. Local rates in Madurai South vary by ₹1–₹15 per gram due to transportation costs from the nearest wholesale gold market, local demand, and supply chain logistics. Cities near wholesale hubs like Mumbai, Delhi, or Ahmedabad tend to have rates closer to the national benchmark.
22K gold (916 hallmark) is ideal for jewellery as it is more durable due to alloy content, and is the most common purity in Indian jewellery stores. 24K gold (999) is best for investment — coins and bars — because it has no alloy and retains value better. For daily-wear jewellery, 22K is the practical choice.
100 grams of 22K gold in Madurai South costs ₹1,363,818 today. 100 grams of 24K gold costs ₹1,488,886. These are metal values only; buying cost will be higher.
The gold rate across Madurai district follows the same base IBJA rate with minor tehsil-level adjustments. For the exact Madurai district rate, visit the Madurai gold rate page. Madurai South is one of the tehsils within Madurai district.

Madurai South Stats

2
Total Jewellers

Today vs Yesterday

22K Today ₹13,638.18
22K Yesterday ₹13,779.78
Change ₹-141.60

Nearby Tehsils

Kalligudi
Madurai East
Madurai North
Madurai West
Melur

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Madurai
All Tehsils
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National Rate
India IBJA Rate
Disclaimer

Rates shown are indicative. Actual prices include making charges, GST and vary by jeweller.

Madurai South vs National Gold Rate Today

How the local rate is built up from the IBJA benchmark

Madurai South
₹13,638
per gram · 22K
Adjusted
Madurai Dist.
—
per gram · 22K
Tamil Nadu
—
per gram · 22K
India (IBJA)
₹13,845
per gram · 22K
Madurai South: ₹207
Nearest gold hub: Chennai (422 km)
Location premium: +₹9.78/g vs IBJA

Gold Rate FAQ — Madurai South

Common questions about gold pricing in Madurai South

What is today's gold rate in Madurai South?
Today's 22K (916 hallmark) gold rate in Madurai South is ₹13,638 per gram. The 24K (999 purity) rate is ₹14,889/gram and 18K (750) is ₹11,178/gram. This rate is computed from the IBJA national benchmark adjusted for Madurai South's distance from Chennai (422 km).
Why does gold cost less in Madurai South than the national rate?
Gold is physically transported from major bullion hubs (Mumbai, Delhi, Chennai, Kolkata, Ahmedabad, Hyderabad, Jaipur, Surat) to retail outlets across India. Madurai South is 422 km from the nearest hub (Chennai), so jewellers add a small location premium to cover transport, insurance, and local handling. The current location premium for Madurai South is +₹9.78 per gram over the IBJA benchmark. State-level taxes and association-set retail prices also create small variations between cities.
When is the best time to buy gold in Madurai South?
Two strategies — astrological and economic — guide gold buying in India. Astrologically, the next auspicious muhurat for Madurai South is Akshaya Tritiya on Sunday, 9 May 2027 (365 days away), with the local window between 05:56 – 13:17. Economically, IBJA publishes rates twice daily (AM and PM) — afternoon rates often differ from morning by ₹20–₹100/g. Avoid buying during festival peaks (Akshaya Tritiya, Dhanteras) when rates spike from demand. Gold tends to soften in March-April after wedding season ends and again in September before Navratri starts.
What are the GST and other taxes on gold in Madurai South?
Two GST components apply to every gold jewellery purchase across India, including Madurai South: 3% GST on the gold value (weight × today's rate) and 5% GST on the making charges. A typical 10-gram 22K piece at today's rate of ₹13,638/g works out to: gold ₹136,382 + making charges (typically 8–15% in Tamil Nadu) + 3% GST on gold + 5% GST on making. Since June 2021, hallmarking adds no extra cost — every BIS-certified piece must include the HUID stamp at no charge. Always insist on a GST-compliant tax invoice; without one, the purchase isn't legally protected and resale value drops.
How often do gold rates change in Madurai South?
The India Bullion and Jewellers Association (IBJA) publishes official benchmark rates twice every working day — once in the morning and once in the afternoon. Most jewellers in Madurai South update their counter rates with the AM IBJA rate and hold it through the day. International gold prices in London or Comex can shift the IBJA AM-vs-PM by ₹50–₹200 per gram on volatile days. On weekends and bank holidays no fresh rate is published, so Friday's evening rate carries through to Monday morning. For Madurai South, the local rate also includes the location premium of +₹9.78/g — this stays stable for weeks unless the nearest hub's transport costs change.

Rate Tools — Madurai South

Calculate, verify and convert gold values

Today's All-In Price (per 10g)

Final out-of-pocket price for 10 grams in Madurai South including local making charges and GST:

Gold (22K, 10g) ₹136,382
Making @ 12% ₹16,366
GST (3% gold + 5% making) ₹4,910
Final price ₹157,657

Estimate only — your jeweller's actual making rate may differ. Always ask for an itemised bill.

Old Gold Exchange Rate

Today's likely buy-back rate per gram at Madurai South jewellers (before wastage and assay deductions):

22K (916) hallmarked ~₹13,093/g
18K (750) hallmarked ~₹10,723/g
14K (585) hallmarked ~₹8,366/g

Formula: today's 22K × purity factor × (1 − wastage). Most Madurai South jewellers deduct 2–8% as wastage. Non-hallmarked gold gets assayed first, often reducing the rate further.

HUID Verification

Every gold piece sold in Madurai South after June 2021 must carry a six-digit HUID. To verify any bill or piece:

  1. Download BIS Care app (Play Store / App Store, free)
  2. Tap "Verify HUID" inside the app
  3. Enter the six-digit code stamped on your jewellery
  4. Match jeweller name + purity + hallmarking date with your bill

If the BIS Care result differs from the jeweller you bought from, refuse the piece and report to BIS at 1800-11-4000.

About Madurai South

Madurai, Tamil Nadu

Madurai South is a tehsil in Madurai district, Tamil Nadu. The nearest major gold trading hub is Chennai, approximately 422 km away, which results in local gold rates running about ₹9.78/g above the IBJA national benchmark. Madurai South uses STD code 05841.

STD Code
05841
Nearest Gold Hub
Chennai · 422 km
Coordinates
9.9252°N, 78.1198°E
Gold Price Adjustment
+₹9.78/gram vs national

Upcoming Gold-Buying Muhurats — Madurai South

Auspicious dates with local timing (-18 min vs IST)

Akshaya Tritiya

365 days away

Sunday, 9 May 2027

The single most auspicious day of the Hindu calendar to buy gold. Wealth purchased today is believed to grow continuously.

Madurai South window
05:56 – 13:17
IST: 06:14 – 13:35 IST

Akshaya Tritiya

719 days away

Thursday, 27 April 2028

The single most auspicious day of the Hindu calendar to buy gold. Wealth purchased today is believed to grow continuously.

Madurai South window
05:36 – 12:06
IST: 05:54 – 12:24 IST

Dhanteras

182 days away

Saturday, 7 November 2026

The first day of Diwali — when buying gold, silver and utensils invokes Goddess Lakshmi's blessings. Largest single-day gold buying event in India.

Madurai South window
17:11 – 19:06
IST: 17:29 – 19:24 IST
Why timings differ from IST: Vedic muhurats are computed from local sunrise — so Madurai South's longitude shifts the auspicious window by roughly 18 minutes from the standard IST muhurat. Madurai South jewellers traditionally honour these local windows during festival sales.

Tamil Nadu Jewellery Market

State-level buying context for Madurai South shoppers

Tradition & Style

Tamil Nadu is renowned for temple jewellery (Thanjavur style), antique Guttapusalu, and Vanki armlets. Chennai's T. Nagar is South India's largest gold retail hub.

Typical Making Charges

8–15%

of gold value in Tamil Nadu

Preferred Purity

22K hallmark; temple jewellery in 24K gold-plated

Peak Buying Seasons

Pongal (Jan), Akshaya Tritiya, Karthigai Deepam (Nov–Dec)

Major Gold Markets in Tamil Nadu

Chennai Coimbatore Madurai Salem

BIS adoption: High in urban centres; rapidly growing in Tier-2 cities.