Today Gold Rate in Madurai 916 KDM: Ojwai provides you Gold rate today in Madurai for 22 Carat and 24 Carat as well. Madurai is one of the oldest and historical cities in India. Madurai is called Temple city. This is the primary reason people buy more Gold ornaments. You will get to know the legitimate gold price of Madurai. In this post, you will know 1 gram gold rate in Madurai, 8 grams gold price in Madurai and Gold pawn rate in Madurai. Also, you can find yesterday’s gold rate in Madurai as well.
Today Gold Rate in Madurai 13.9.2022
Today’s gold rates in Madurai will be always varied when you compare with yesterday’s gold rates. You will find daily live gold rate updates in Madurai.
Make a note that gold prices are not like shares and they do not change every second. Gold prices in Madurai will change every day. Today gold price in Madurai will change two times a day.
Today’s Gold Rate in Madurai (13 September 2022)
| ₹ 4,725 Today’s Gold Rate (22K) per gram |
Gold Rate in Madurai Today
It is 100% true that gold is a much sought-after material or metal in Madurai. The yellow metal is being sold in various forms such as bullion, jewelries and gold coins.
Buying gold in Madurai is to show the person’s wealth and status. Also people in Madurai use Gold for investment and traditional purposes.
Gold trade and Gold rates in Madurai has a big impact on the whole country of India. In Madurai, Gold is bought for many reasons such as birthday celebrations, wedding, Akshaya Tritiya and for many functions. Most of the Jewellery shops in Madurai offer lots of discounts, slashed rates and unbelievable offers for its customers.
Compare 22K & 24K Gold Rate In Madurai (Today & Yesterday)
| Today | Yesterday | Rate Change | |
| Standard Gold (22 K) (1 gram) | ₹ 4,725 | ₹ 4,740 | ₹ -15 ↓ |
| Standard Gold (22 K) (8 grams) | ₹ 37,800 | ₹ 37,920 | ₹ -120 ↓ |
| Pure Gold (24 K) (1 gram) | ₹ 4,961 | ₹ 4,977 | ₹ -16 ↓ |
| Pure Gold (24 K) (8 grams) | ₹ 39,688 | ₹ 39,816 | ₹ -128 |
Daily Gold Rates
| Date | Standard Gold (22 K) | Pure Gold (24 K) | ||
| 1 gram | 8 grams | 1 gram | 8 grams | |
| 12 Sep 2022 | ₹ 4,725 | ₹ 37,800 | ₹ 4,961 | ₹ 39,688 |
| 11 Sep 2022 | ₹ 4,740 | ₹ 37,920 | ₹ 4,977 | ₹ 39,816 |
| 10 Sep 2022 | ₹ 4,740 | ₹ 37,920 | ₹ 4,977 | ₹ 39,816 |
| 09 Sep 2022 | ₹ 4,735 | ₹ 37,880 | ₹ 4,972 | ₹ 39,776 |
| 08 Sep 2022 | ₹ 4,730 | ₹ 37,840 | ₹ 4,967 | ₹ 39,736 |
| 07 Sep 2022 | ₹ 4,695 | ₹ 37,560 | ₹ 4,930 | ₹ 39,440 |
| 06 Sep 2022 | ₹ 4,750 | ₹ 38,000 | ₹ 4,988 | ₹ 39,904 |
| 05 Sep 2022 | ₹ 4,736 | ₹ 37,888 | ₹ 4,973 | ₹ 39,784 |
| 04 Sep 2022 | ₹ 4,722 | ₹ 37,776 | ₹ 4,958 | ₹ 39,664 |
| 03 Sep 2022 | ₹ 4,722 | ₹ 37,776 | ₹ 4,958 | ₹ 39,664 |
What are the elements to determine Gold rate in Madurai?
There are many factors that decide gold prices in Madurai. Those are,
- Local Taxes
- State Government Taxes
- Transportation Taxes
- Additional Taxes incurred by local Jewelleries in Madurai.
- Monsoon and Harvest Season.
Gold Investment in Madurai
Many people in Madurai purchase Gold as a form of investment. Experts say that Gold has consistently been breaking the inflation for years. So they advise the customers not to get too much involved in gold buying in the short-term.
How to buy Gold coins in Madurai?
There are lots of gold sellers (private) and private banks (including SBI) that sell Gold Coins in Madurai. This tends to reduce the likelihood of fraudulence in Gold buying. The Gold coins are available in different sizes in Madurai. The gold coin sizes start from 2 grams to 50 grams.
If you like to buy Gold coins then you might consider the purity of the coins. There is no guarantee in buying back the Gold coins. This is the primary reason for the people to buy the Gold jewelleries rather than gold coins. Moreover, buyers need to pay an extra amount towards the premium for buying gold coins from banks.
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Conclusion
We have listed today gold rate in Madurai with the popular jewellery shops in Madurai. Thanks for reading and please share this post.
Disclaimer: Ojwai provides the gold rates obtained from sources believed to be reliable. However, we do not guarantee their accuracy. Our gold price data are provided without warranty or claim of reliability. It is accepted by the site visitors or viewers on the condition that errors or omissions shall not be made the basis for any claim, cause for action or demand. The material on this website has no regard to the specific investment objectives, particular needs of any visitor or financial situation. References made to 3rd parties are based on rates and information obtained from various sources believed to be reliable but are not guaranteed as being accurate. Visitors should not regard it as a substitute for the exercise of their own judgement. We always suggest our visitors to cross-check gold rate in Madurai by visiting the nearby Jewellery.