Todays Gold Rate in Madurai 18, 22 & 24 Karat Gold Price on 24 October 2025
As of today, October 24, 2025, the gold prices in Madurai are approximately ₹12,545 per gram for 24K gold, ₹11,499 per gram for 22K gold, and ₹9,649 per gram for 18K gold. Compared to yesterday, 22K gold has decreased by about ₹10, edging close to ₹1 per gram for 24K and 18K gold. These rates are updated daily and reflect current market trends in Madurai.
Today's Gold Price in Madurai
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24K Gold (99.9% pure): ₹12,545 per gram | ₹1,00,360 per sovereign (8 grams)
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22K Gold (91.6% pure): ₹11,499 per gram | ₹92,000 per sovereign (8 grams)
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18K Gold (75% pure): ₹9,649 per gram | ₹77,192 per sovereign (8 grams)
Updated: October 24, 2025, 9:00 AM | ↓ ₹10/gram from yesterday
Price Breakdown by Common Weights
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1 gram: 22K = ₹11,499 | 24K = ₹12,545
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1 sovereign (8 grams): 22K = ₹92,000 | 24K = ₹1,00,360
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10 grams: 22K = ₹1,14,990 | 24K = ₹1,25,450
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2 sovereigns (16 grams): 22K = ₹1,84,000 | 24K = ₹2,00,720
What's Moving Today's Gold Prices
Matching Chennai rates—no deviation from the Tamil Nadu average—gold prices in Madurai are slightly down, mainly due to international gold trading at around $1,950/oz and a stable rupee against the dollar.
Buying Tips for Madurai Customers In Madurai, shops on Town Hall Road and West Masi Street charge ₹450-900 per gram for making charges on 22K jewelry, especially for temple jewelry. Comparing rates among local jewelers can save you ₹40-90 per gram, with higher premiums during festivals like Chithirai. It's best to buy early mornings or late evenings for better bargaining.
Market Pattern & Local Insight
22K gold has remained in the ₹11,750-11,850 range since last week, with Temple jewelry demand around Meenakshi Temple adding ₹100-200 per gram during festive months. Sovereign pricing remains consistent at 8 grams = 1 sovereign, with no confusion here—Madurai buyers think mainly in sovereigns for jewelry.
Today’s rates are approximately ₹11,499 per gram for 22K and ₹12,545 per gram for 24K gold. Rates update daily at 9 AM, so check tomorrow for the latest Madurai gold rate. Verify making charges—temple jewelry costs ₹600-900/gram.
Disclaimer:
Gold rates shown here for Madurai reflect latest available market prices and are subject to frequent changes. Actual rates in jewelry shops may vary from listed prices, and GST plus making charges are not included. This website does not provide investment advice; please verify rates with reputable sources before purchasing.
