Live Madurai Bullion DeskUpdated Daily

Old Gold Rate Today in Madurai

This is the direct cash buying rate V Money Gold pays when you sell old gold, not the inflated showroom price of new jewellery. It follows the live market and is refreshed every morning with zero hidden deductions.

Daily Bullion Rate Index
22K (916) & 24K Real Valuation
₹0 Melting or Wastage Deductions
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Counter Rate Board

Today's Live Buying Rates

Transparent bullion purchasing rates for hallmarked and unhallmarked jewellery in Madurai Main.

Our buying rate on 5 November 2026
Metal We pay
24K gold (999) ₹14,602 / g
22K gold (916) ₹13,385 / g
18K gold (750) ₹10,955 / g
Silver ₹210 / g

Final value is confirmed after your item is weighed and purity-tested in front of you.

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Free non-binding estimate. We weigh & test purity in front of you before cash payment.

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The Valuation Formula

How your old gold rate is worked out

Three objective measurements decide your exact cash payout. Everything is verified transparently at our counter.

1. Net Gold Weight

Measured on digital calibrated scales down to 0.01 grams. Any stones, wax, or lac are zeroed out before computing gold value.

2. Karat Purity

24K is 99.9% pure, 22K (916) is 91.6% pure, and 18K (750) is 75% pure. Machine tested openly without acid or destructive melting.

3. Today's Market Rate

Weight × Purity × Daily Buying Rate = Exact Cash in Hand. Zero commission, zero wastage deductions, 100% fair payout.

Market Clarity

Buying rate versus jewellery shop retail price

Why selling old gold is different from purchasing new jewellery from a retail showroom.

Jewellery Showroom Price

Retail Purchase

When you buy new jewellery from a retail showroom, you pay for craftsmanship and retail overheads.

  • Includes 8% to 25% making & craftsmanship charges
  • Includes 3% Government GST tax on retail value
  • Includes showroom overheads, marketing, and display markup

V Money Gold Buying Rate

Bullion Cash Value

When you sell old gold, you are paid for the pure metallic bullion content with zero overhead deductions.

  • Full market bullion value paid directly for tested gold
  • ₹0 making charges subtracted from your payout
  • Instant same-day cash or direct NEFT / IMPS transfer
Got Questions?

Gold rate questions

What is the old gold rate today in Madurai?
Our buying rate on 5 November 2026 is shown in the table on this page. It follows the market and changes daily.
Why is the old gold buying rate lower than the jewellery shop price?
A jewellery shop's selling price includes making charges and GST on new jewellery. When you sell old gold, you are paid for the pure gold content only, which is why buying and selling prices differ.
How is 22 karat (916) gold valued?
22 karat gold is 91.6% pure. Its value is its weight in grams multiplied by the 22K rate per gram. We test the actual purity of your jewellery in front of you, because not all jewellery marked 22K is fully 916.
Is the calculator figure what I will be paid?
It is an estimate. The final amount is confirmed after your gold is weighed and purity-tested at our counter.
Instant Estimate & Spot Payout

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