Gold price today in Madurai will vary everyday. In this page, you will find Todays gold rate in Madurai. Please keep in mind that the price of Gold is not like shares. Gold rates will not change for every second. According to the statistics, the Gold prices in Madurai will change every day, ie., two times in a day.
Gold Rate Today in Madurai 23.5.2022
The demand for Gold in Madurai is high. In Madurai, the Gold is used for ornamental purposes only. The number of Jewelers in Madurai is high. Today Gold price in Madurai is influenced by the demand and supply of the metal.
Today’s Gold Rate in Madurai 23 May 2022
Today’s Gold Rate (22K) per gram
Today Gold Rate in Madurai 916 KDM
There are few factors to decide the gold rate in Madurai today per gram. Those are, dollar and rupee relation, global economic and more. These are the primary factors that impact the Gold rate today in Madurai.
Compare 22K & 24K Gold Rate In Madurai (Today & Yesterday)
|Standard Gold (22 K) ( 1 gram )||₹ 4,817||₹ 4,786||₹ 31 ↑|
|Standard Gold (22 K) ( 8 grams )||₹ 38,536||₹ 38,288||₹ 248 ↑|
|Pure Gold (24 K) ( 1 gram )||₹ 5,058||₹ 5,025||₹ 33 ↑|
|Pure Gold (24 K) ( 8 grams )||₹ 40,464||₹ 40,200||₹ 264 ↑|
Todays Gold Price in Madurai.
In India, people are buying gold for various reasons. However, the Indians purchase the gold as ornament and an investment as well. Many people treat the Gold in Madurai as a trade for profit.
The Demand and awareness of Gold in Madurai is increasing as Gold is one of the trade commodities in Madurai.
Daily Gold Rates in Madurai
|Date||Standard Gold (22 K)||Pure Gold (24 K)|
|1 gram||8 grams||1 gram||8 grams|
|21 May 2022||₹ 4,817||₹ 38,536||₹ 5,058||₹ 40,464|
|20 May 2022||₹ 4,786||₹ 38,288||₹ 5,025||₹ 40,200|
|19 May 2022||₹ 4,747||₹ 37,976||₹ 4,984||₹ 39,872|
|18 May 2022||₹ 4,728||₹ 37,824||₹ 4,964||₹ 39,712|
|17 May 2022||₹ 4,771||₹ 38,168||₹ 5,010||₹ 40,080|
|16 May 2022||₹ 4,737||₹ 37,896||₹ 4,974||₹ 39,792|
|15 May 2022||₹ 4,737||₹ 37,896||₹ 4,974||₹ 39,792|
|14 May 2022||₹ 4,737||₹ 37,896||₹ 4,974||₹ 39,792|
|13 May 2022||₹ 4,764||₹ 38,112||₹ 5,002||₹ 40,016|
|12 May 2022||₹ 4,805||₹ 38,440||₹ 5,045||₹ 40,360|
Reasons to Track Gold Rates in Madurai
If you’re a big buyer and like to buy huge amount of Gold in Madurai then it makes sense to always check the Gold price in Madurai before buying them. It’s true that the Gold rate in Madurai and all other cities in India have gone-up substantially in the last 4-5 years.
If you talk about the Gold price changes like a small variation of Rs 10 can make a huge difference. If you buy 50 grams of Gold in Madurai then the difference would be Rs 1,000. So you should definitely check the Gold prices of 22 Karat Gold in Madurai or whatever cities you live and are going to purchase.
Also Read: List of Banks in Madurai
When do you buy Gold in Madurai?
Buying Gold is always tricky. However, there are lots of risks behind buying gold in Madurai or wherever it is. Keep in mind that the best time to buy gold is when the prices are lower. Keep on checking the Gold rates in Madurai to buy Gold when the price is falling.
People are very much interested in buying high quality 916 hallmarked Gold in Madurai. Buying Hallmark Gold in Madurai is the best idea to sell it easily when it’s needed. We always suggest our readers to buy hallmarked Gold, because those are tested for quality and purity. We do not want to promote any specific Gold Jewelry at Madurai. You would need to verify and decide the best jeweler shop in Madurai.
FAQs on Gold Rate in Madurai
Will the Gold price in Madurai change every day?
Yes, the gold price in Madurai may keep fluctuating. The Gold rate is changing due to many primary factors which affect the price of gold in Madurai and the country as well. The primary factors include the value of the rupee against the price of crude oil, the U.S. dollar, the trend of the equities market and more.
What factors do People check before buying gold in Madurai?
There are many factors to be checked before buying Gold in Madurai City. A few and most important things before buying gold in Madurai are:
- The price of gold per gram
- The level of purity
- Certification of the metal and Buy-back terms of the lender
Will gold prices decrease in Madurai?
Based on the volatility in the market, the price of gold may or may not fall or increase and decrease. There are many factors which impact the price of the yellow metal in Madurai and other parts of India.
What are the international factors affect the gold rate in Madurai?
There are some factors that affect the price of gold in Madurai. The important factors are crude oil prices, the value of international currencies and many other factors.
Final Words on Gold Rate Today in Madurai
We hope that we’ve shared Today’s gold rate in Madurai. Thanks for reading and please share this page.
Disclaimer: The current gold rates are sourced and collected from local jewelers in the city. There maybe some variance in rates and prices. SaranSaro.in has made every effort to make sure accuracy of the information provided. however, our website is not guarantee such accuracy.
The Gold rates are for informational purposes only. It is not a solicitation to buy, sell the precious gold.