Gold Rate in Madurai

Last Updated: 2nd March 2024
  • 24 Carat Gold Rate (10 grams)
    ₹ 64,530 -50 (-0.08%)
  • 22 Carat Gold Rate (10 grams)
    ₹ 59,150 -50 (-0.08%)

The cultural significance of gold is deeply rooted in the land of Madurai. It is also evident in the city’s ancient Meenakshi temple, a UNESCO world heritage site that has gold shrines above the sanctums of the idols. As evident, gold is quite popular here in the form of jewellery and other ornaments. Like any other city, the gold rates depend on various factors including rupee-dollar trends, domestic demand, festivity schedule, inflation, etc. Today Gold rate in Madurai is ₹ 64,530 per 10 grams for 24 Carat and ₹ 59,150 for 22 Carat.

Advertisement

24 Carat Gold Rate in Madurai Today

Digital Gold Price
Gram 24K Gold Price Daily Price Change
1 gram
₹ 6,453 - ₹ 5
8 grams
₹ 51,624 - ₹ 40
10 grams
₹ 64,530 - ₹ 50
100 grams
₹ 6,45,300 - ₹ 500

22 Carat Gold Rate in Madurai Today

Gram 22K Gold Price Daily Price Change
1 gram
₹ 5,915 - ₹ 5
8 grams
₹ 47,320 - ₹ 40
10 grams
₹ 59,150 - ₹ 50
100 grams
₹ 5,91,500 - ₹ 500

Gold Rate Comparison (24K vs 22K) in Madurai

Gold Rate in Madurai for Last 15 Days

Date Pure Gold (24K) Standard Gold (22K) % Change
03 January 2024
₹ 64,530 ₹ 59,150 -0.08%
02 January 2024
₹ 64,580 ₹ 59,200 +0.17%
01 January 2024
₹ 64,470 ₹ 59,100 0%
31 December 2023
₹ 64,470 ₹ 59,100 0%
30 December 2023
₹ 64,470 ₹ 59,100 0%
29 December 2023
₹ 64,470 ₹ 59,100 -0.59%
28 December 2023
₹ 64,850 ₹ 59,450 +0.76%
27 December 2023
₹ 64,360 ₹ 59,000 +0.08%
26 December 2023
₹ 64,310 ₹ 58,950 +0.26%
25 December 2023
₹ 64,150 ₹ 58,800 +0.09%
24 December 2023
₹ 64,090 ₹ 58,750 0%
23 December 2023
₹ 64,090 ₹ 58,750 +0.26%
22 December 2023
₹ 63,550 ₹ 58,600 +0.60%
21 December 2023
₹ 63,550 ₹ 58,250 -0.17%
20 December 2023
₹ 63,650 ₹ 58,350 0%

Historical Gold Rate in Madurai

Gold Price Movement February 2024

Gold Rates 22 Carat 24 Carat
1st February rate ₹ 778
29th February rate ₹ 757
Highest rate in February ₹ on 1st January 1970 ₹ 780 on 1st February 2024
Lowest rate in February ₹ on 1st January 1970 ₹ on 4th February 2024
Over all performance Falling Falling
% change -2.70% -2.70%

Gold Price Movement January 2024

Gold Rates 22 Carat 24 Carat
1st January rate ₹ 800
31st January rate ₹ 780
Highest rate in January ₹ 59,200 on 2nd January 2024 ₹ 64,580 on 2nd January 2024
Lowest rate in January ₹ 59,100 on 1st January 2024 ₹ on 4th January 2024
Over all performance Falling Falling
% change -2.50% -2.50%

Gold Price Movement December 2023

Gold Rates 22 Carat 24 Carat
1st December rate ₹ 825
31st December rate ₹ 800
Highest rate in December ₹ 59,750 on 4th December 2023 ₹ 65,180 on 4th December 2023
Lowest rate in December ₹ 57,000 on 13th December 2023 ₹ on 9th December 2023
Over all performance Falling Falling
% change -3.03% -3.03%
* Gold rates are reflective of market trends and interest rates. They do not include GST, TCS and other levies. For the latest and exact prices contact your local jeweller. Making charges may apply.
Advertisement
Gold Rate Calculator
City
Quantity (gram)
Purity

About Gold Rate in Madurai

Another factor playing in favour of the gold trade here is the bustling trade and industrial network here. The entire city is dotted with traders of all sorts, and gold dealers are no exception.

Thus, market fluctuations play a major role in determining gold prices here. Inflation, interest rate trends, state taxes, octroi, and making charges are some other factors. International market factors such as crude oil prices, rupee-dollar trends, and strength of international currencies, also play an important role in the same.

Given the prevalence of agriculture in the city, a good monsoon also harbours gigantic gold demands from the rural sections. It goes without saying that gold jewellery tops the choice of locals for gold investment. It is evident in the shooting demands for the gold ornaments during the wedding seasons, festivals, and other auspicious occasions.

However, the city is fast catching up with the trend of investing in digital and electronic gold. Exchange Trade Funds (ETFs), sovereign gold bonds, gold mutual funds, and gold futures are some of the popular choices.

Select Location

Latest Tech News

 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »