Gold rate today in Madurai are ₹9,285 per gram for 24 Karat gold, ₹8,511 per gram for 22 Karat gold, and ₹6,964 per gram for 18 Karat gold (also known as 999 purity gold).
| 24k Gold/1 gm | 22k Gold/1 gm | 18k Gold/1 gm |
|---|---|---|
| ₹9,285 | ₹8,511 | ₹6,964 |
Today 24 Carat Gold Rate in Madurai
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1g | ₹9,285 | ₹9,284 | +₹1 |
| 8g | ₹74,280 | ₹74,272 | +₹8 |
| 10g | ₹92,850 | ₹92,840 | +₹10 |
| 100g | ₹9,28,500 | ₹9,28,400 | +₹100 |
Today 22 Carat Gold Rate in Madurai
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1g | ₹8,511 | ₹8,510 | +₹1 |
| 8g | ₹68,088 | ₹68,080 | +₹8 |
| 10g | ₹85,110 | ₹85,100 | +₹10 |
| 100g | ₹8,51,100 | ₹8,51,000 | +₹100 |
Today 18 Carat Gold Rate in Madurai
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1g | ₹6,964 | ₹6,963 | +₹1 |
| 8g | ₹55,712 | ₹55,704 | +₹8 |
| 10g | ₹69,640 | ₹69,630 | +₹10 |
| 100g | ₹6,96,400 | ₹6,96,300 | +₹100 |
*Note: Gold rates reflect market trends and interest rates. Prices exclude GST, TCS, and other charges. For accurate rates, contact your local jeweller. Making charges may apply.
Gold Rate in Madurai
Gold protects wealth thanks to its structural value, as well as endurance during socio-economic shifts. Unlike currencies, gold is insulated against devaluation and inflation, qualifying it as an excellent medium for storing value. Owing to its ever-expanding global demand coupled with finite availability, gold assures long-term stability and appreciation. In addition, it has the power to act as a hedge against market volatility coupled with geopolitical uncertainty, safeguarding wealth during great uncertainty while also ensuring sustenance across generations.
Gold options for investment
These cover:
- Physical Gold: Tangible gold includes classic gold coins, jewelry and gold bars.
- Gold ETFs: These can be bought and sold on stock exchanges like any stock and are linked with gold prices, which eliminates the need for reservation.
- Sovereign Gold Bonds: SGBs are government-backed bonds with a fixed interest rate, and the price of gold rises.
- Gold Mutual Funds: These are indirect forms of investment in gold through fund houses.
- Digital Gold: Gold kept in custody can be divided and sold online in small quantities.
Where to purchase gold in Madurai?
As a city, Madurai contains various reliable gold purchasing options. Notable jewellery shops like GRT Jewellers, Tanishq, Prince Jewellery, AVR Swarna Mahal, and Thanga Maligai are local favourites for traditional gold designs with certified quality. The iconic South Avani Moola Street is a hub for home and gold shopping with numerous shops offering competitive prices. Ensure to check for hallmarking to guarantee purity and authenticity while purchasing.
Gold Rate Calculator Madurai
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FAQs - Gold Rate Today in Madurai
What is the current rate for 24K gold?
The current rate for 24K gold is ₹9,285 per gram.
What is the current rate for 22K gold?
The current rate for 22K gold is ₹8,511 per gram.
What is the current rate for 18K gold?
The current rate for 18K gold is ₹6,964 per gram.
How to check for gold purity?
You must check for gold purity by looking for stamps and hallmarks on the products or by conducting a magnet test. Pure gold does not attract to the magnet.
Does gold erode over time?
No, gold does not erode over time unless it is mixed with other metals.
What is the purest form of gold?
Gold is available in different carats (K), including 18,22, and 24. The purest form is 24K.