50 Gram Gold Price in Madurai Today

Current gold rates updated on 06 June 2025 at 01:50 PM

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Madurai Gold Market Information

Madurai's gold market is centered around the famous Meenakshi Temple area. The city has a strong tradition of temple jewelry.

Gold Buying Tips in Madurai

In Madurai, ask about discounts during the Chithirai festival when many jewelers offer special rates.

Common Gold Weight Conversions for 50 grams

  • In Tola: Approximately 5.80 tolas
  • In Sovereign: Approximately 4.00 sovereigns
  • In Ounce: Approximately 1.61 ounces

FAQs About Gold Prices in Madurai

Gold prices in Madurai are influenced by international gold rates, currency exchange rates, import duties, state taxes, and local demand. During festival seasons like Diwali and wedding seasons, prices may increase due to higher demand.

Gold prices in Madurai can change multiple times a day based on international market fluctuations. Most jewelers update their rates once or twice daily. Our calculator provides the latest rates updated regularly.

The K (karat) indicates gold purity. 24K gold is 99.9% pure gold, 22K is 91.6% pure (mixed with silver, copper, or zinc), 18K is 75% pure, and 14K is 58.3% pure. Higher purity gold is softer and more expensive, while lower purity is more durable for jewelry.