Madurai, Tamil Nadu • Regional Rate Desk
Silver Rate in Madurai Today (17 September 2026)
Indicative daily physical retail silver benchmark for Madurai. Calculated from spot parity, composite landed import adjustments, regional logistics premium (+₹520/kg), and applicable statutory 3% retail GST.
Madurai 1 Gram (999 Pure)
₹239.37
Incl. 3% GST • Base: ₹232.4Madurai 10 Grams (Tola)
₹2,393.72
Popular Coin Weight • 925 Jewelry: ₹2,214.19Madurai 1 Kilogram (Bar)Benchmark
₹2,39,372
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Madurai Silver Price Table • 17 September 2026
Comparison across 999 Fine Bullion and 925 Sterling Jewelry Silver
| Denomination | 999 Pure (Base) | 999 Pure (Incl. 3% GST) | 925 Jewelry (Base) | 925 Jewelry (Incl. 3% GST) |
|---|---|---|---|---|
| 1 Gram | ₹232.4 | ₹239.37 | ₹214.97 | ₹221.42 |
| 8 Grams (Pavalam) | ₹1,859.2 | ₹1,914.98 | ₹1,719.76 | ₹1,771.35 |
| 10 Grams (Tola) | ₹2,324 | ₹2,393.72 | ₹2,149.7 | ₹2,214.19 |
| 100 Grams | ₹23,240 | ₹23,937.2 | ₹21,497 | ₹22,141.91 |
| 1 Kilogram (1000g) | ₹2,32,400 | ₹2,39,372 | ₹2,14,970 | ₹2,21,419.1 |
Local Silver Markets & Bullion Hubs in Madurai
Prominent Jewellery & Bullion Quarters:
South Avani Moola StreetVilakkuthoonWest Tower Street
South Avani Moola Street near the Meenakshi Amman Temple hosts master craftsmen producing silver kavasam (sacred armor) and devotional ware.
Buying Silver in Madurai: Buyer Tips
- Always demand a computerized bill showing 3% GST breakdown.
- Verify the BIS Hallmark logo and purity stamp (999 or 925).
- Compare making charges across South Avani Moola Street shops before purchasing silverware.
- For pure investment, consider 99.9% minted bars or Silver ETFs to bypass jewelry making loss.
Quick Silver Converter
Estimated Total Retail Price
₹2,394
Pure Metal Base Value (10g @ ₹232.40/g):₹2,324
Retail GST (3%):+₹70
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Frequently Asked Questions: Silver Rate in Madurai
Important guidelines for purchasing and selling physical silver in Madurai.
Today in Madurai, 1kg of 999 fine silver is ₹2,39,372 (including 3% GST), and 10 grams costs ₹2,393.72. For 925 sterling jewelry silver, 10 grams is ₹2,214.19.