Today's Gold 24K Price · Madurai
₹14,804 per gram
▲ +₹39 (+0.26%)
vs yesterday
Price by Weight
1 Gram
₹14,804
1g × ₹14,804
8 Grams
₹1,18,432
8g × ₹14,804
10 Grams
₹1,48,040
10g × ₹14,804
100 Grams
₹14,80,400
100g × ₹14,804
1 Tola
₹1,72,674
11.664g × ₹14,804
1 Sovereign
₹1,18,432
8g × ₹14,804
1 Ounce
₹4,60,456
31.1035g × ₹14,804
1 KG
₹1,48,04,000
1000g × ₹14,804
⚖️ Price ↔ Gram Calculator
Result
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🧾 Gold 24K Purchase Tax Calculator
Metal Value—
Making Charges (12%)—
GST on Metal (3%)—
GST on Making (5%)—
Total Cost—
7-Days Price History
| # | Date | Price / gram | Change |
|---|---|---|---|
| 1 | 19 Oct 2026 | ₹14,804.00 | ▲ +₹39.00 |
| 2 | 18 Oct 2026 | ₹14,765.00 | — |
| 3 | 17 Oct 2026 | ₹14,765.00 | ▲ +₹21.00 |
| 4 | 16 Oct 2026 | ₹14,744.00 | — |
| 5 | 15 Oct 2026 | ₹14,744.00 | ▼ ₹81.00 |
| 6 | 14 Oct 2026 | ₹14,825.00 | ▼ ₹104.00 |
| 7 | 13 Oct 2026 | ₹14,929.00 | ▼ ₹169.00 |
| 8 | 12 Oct 2026 | ₹15,098.00 | — |
Frequently Asked Questions
What is today's Gold 24K rate in Madurai?
Today's Gold 24K rate in Madurai is ₹14,804.00 per gram as of 19 Oct 2026. Rates are updated daily based on MCX and international bullion markets.
What is the difference between 24K, 22K, and 18K gold?
24K gold is the purest form (99.9% pure) and is used mainly for investment coins and bars. 22K gold (91.6% pure) is the most common for jewellery in India. 18K gold (75% pure) is used in studded and diamond jewellery due to its hardness.
How is gold price calculated per 10 grams?
Simply multiply the per-gram rate by 10. Today's 10-gram Gold 24K price in Madurai is ₹1,48,040.00.
What taxes apply when buying gold jewellery?
When buying gold jewellery, you pay 3% GST on the metal value, plus making charges which are taxed at 5% GST. The total effective cost is significantly higher than the raw metal price.
Does gold price vary by city or district in India?
Yes, gold prices can vary slightly across cities due to local taxes and transportation charges. The rates shown here are specific to Madurai, Tamil Nadu.
What is a 'sovereign' of gold?
A 'sovereign' is a traditional unit used in South India, equal to 8 grams of gold. It is commonly used when buying gold jewellery in Tamil Nadu and Kerala.
What is a 'Tola' of gold?
One Tola equals 11.664 grams. It is a traditional Indian unit of measurement still used in parts of North India and for some international gold bar standards.
Is it better to buy gold coins or jewellery for investment?
Gold coins generally have lower making charges (1–2%) compared to jewellery (10–25%), making them better for pure investment. Jewellery has resale value deductions for making charges. Sovereign Gold Bonds (SGBs) from RBI are considered the most cost-effective investment form.