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Tuesday · 3 Nov 2026 · India

Gold rate today in Madurai

Bhavflow’s indicative rate today: 22K gold ₹1,26,852 per 10 g (₹12,685/g), 24K gold ₹1,38,384 per 10 g (₹13,838/g), 18K gold ₹1,03,788 per 10 g (₹10,379/g) and silver ₹1,80,249 per kg. This is one national rate, not a Madurai board rate; jewellers in Madurai may quote slightly different prices.

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The essentials

Today's rates

Madurai · national indicative rate · gold per 10 g (per gram below), silver per kg

Today’s rates · 3 Nov

Silver

999 fine

₹1,80,249/kg

₹1,802/10 g

Down −₹1,615−0.89%vs 1 Nov
Details: Silver

IBJA benchmark, 3 Nov 2026

PurityAMPM
Gold 999 (24K), per 10 g₹1,38,118–
Gold 995, per 10 g₹1,37,565–
Gold 916 (22K), per 10 g₹1,26,516–
Gold 750 (18K), per 10 g₹1,03,589–
Silver 999, per kg₹1,77,300–

PM rates are not published yet.

Source: India Bullion and Jewellers Association (ibjarates.com). Benchmark rates excluding GST and making charges, published twice a day; Bhavflow’s own rate is in the cards above.

Before you buy: Indicative rate, excludes 3% GST and making charges. How we calculate

Calculate jewellery priceRate × weight + making charge + 3% GST

Gold price by weight

At Bhavflow’s national indicative rate, excluding GST and making charges.

WeightGold 24KGold 22KGold 18K
1 gram₹13,838₹12,685₹10,379
8 grams (1 sovereign / pavan)₹1,10,707₹1,01,481₹83,030
10 grams₹1,38,384₹1,26,852₹1,03,788
12 grams (≈ 1 tola)₹1,66,061₹1,52,222₹1,24,545
100 grams₹13,83,838₹12,68,518₹10,37,878

Gold rate in Madurai: last 10 days

22K and 24K per 10 g at Bhavflow’s national indicative rate, excluding GST; change vs the previous day.

Date22K / 10 g24K / 10 gChange (22K / 10 g)
3 Nov 2026₹1,26,852₹1,38,384Up +₹647+0.51%
1 Nov 2026₹1,26,205₹1,37,678Up +₹34+0.03%
31 Oct 2026₹1,26,171₹1,37,641Down −₹27−0.02%
30 Oct 2026₹1,26,198₹1,37,670Down −₹4,230−3.24%
29 Oct 2026₹1,30,428₹1,42,286Down −₹1,308−0.99%
28 Oct 2026₹1,31,736₹1,43,712Up +₹318+0.24%
27 Oct 2026₹1,31,418₹1,43,365Up +₹683+0.52%
26 Oct 2026₹1,30,735₹1,42,620Up +₹1,017+0.78%
25 Oct 2026₹1,29,718₹1,41,510Up +₹121+0.09%
24 Oct 2026₹1,29,597₹1,41,379Up +₹27+0.02%

Why prices in Madurai can differ

Bhavflow publishes one national indicative rate. A Madurai jeweller’s board rate can be slightly higher or lower because of local association or bullion-dealer rates, transport and insurance costs, and the shop’s own margin; making charges and 3% GST come on top.

As across Tamil Nadu, 22K is quoted per gram and per sovereign (8 grams). Madurai shops follow the state’s bullion market; Bhavflow shows its national rate with the IBJA benchmark for comparison.

Where to buy gold in Madurai

Madurai’s jewellery trade grew around the Meenakshi Amman temple: many traditional jewellers are in the streets of the old city that ring the temple, and larger showrooms are on the main roads nearby. Temple jewellery and wedding sets in 22K are popular.

Streets around the Meenakshi Amman temple
The old-city jewellery area with traditional jewellers and temple-jewellery makers.
Main-road showrooms
Branches of Tamil Nadu and national chains, usually with printed making charges and buy-back terms.

Before you buy: hallmark, HUID and making charges

  • Check the BIS hallmark on every piece: the BIS logo, the purity grade (for example 22K916 or 18K750) and a 6-digit HUID. Since 1 April 2023, registered jewellers may only sell hallmarked gold jewellery that carries a HUID (small items under 2 g and kundan, polki and jadau pieces are exempt).
  • Verify the HUID in the BIS CARE app (Verify HUID): it shows the purity, the type of article and the jeweller’s registration, which should match your bill.
  • Making charges vary widely. As general guidance, machine-made chains and plain bangles are often in the range of about 3–10% of the gold value, while handcrafted, temple, antique or filigree work commonly runs 12–25% or more; some jewellers charge a flat amount per gram instead. Ask for the charge in writing and compare shops.
  • 3% GST is charged on the jewellery bill. Ask for a GST invoice that lists net weight, purity, rate per gram, making charges, HUID and tax separately.
  • Ask about buyback and exchange terms before you buy: most jewellers pay the day’s rate for the tested purity minus a deduction.

More detail on purity and pricing: 22 carat gold rate and price guide.

Read before you buy gold in Madurai

Gold rate in Madurai: FAQ

What is temple jewellery, and is it hallmarked?

Temple jewellery is traditional South Indian work with deity motifs, usually in 22K gold, sometimes with stones. Plain gold pieces must carry the BIS hallmark with HUID; ask for the net gold weight separately from stones.

How many grams is a sovereign?

Eight grams. The weight table on this page shows the 8-gram price at Bhavflow’s national rate.

Madurai mein sone ka bhav aaj kya hai? (gold rate today in Madurai)

Sone ka bhav aaj, today’s gold rate, is at the top of this page: Bhavflow’s national indicative rate for 22K, 24K and 18K gold per 10 grams and per gram, and chandi ka bhav aaj ka (today’s silver rate) per kg, all excluding GST and making charges. The IBJA benchmark (AM and PM) is shown next to it for comparison.

Does Bhavflow show a Madurai-specific gold rate?

No. Bhavflow publishes one national indicative rate, calculated from international prices, and shows it on every city page. Jewellers in Madurai may quote slightly different rates because of local association or bullion-dealer rates, transport and insurance costs and their own margins, and they add making charges and 3% GST.

Gold rate in other cities

Simple numbers. Clear assumptions. 🌿

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