Second Hand Gold Buyers in Madurai (மதுரை) | Maximum Payout for Pre-Owned Jewelry
FirstMoney Gold is the premier second-hand gold buyer in Madurai, Tamil Nadu. Bring your pre-owned bangles, chains, rings, or coins and receive instantaneous cash or bank transfer based on 100% certified karat purity.
Today 22K, 24K & 18K Gold Price in Madurai
Rates effective as on 27 October 2026 | Updated daily at 10:00 AM IST
Gold Rate by Weight in Madurai Today (1g, 8g / 1 Pavan, 10g, 100g)
Comparing 22 Karat (916), 24 Karat Pure Bullion, and FirstMoney Gold 90% Loan Disbursal (Calculated on 24K Gold Value)
| Weight Unit | 22K (916) Gold | 24K (999 Pure) Gold | 18K Gold | ⚡ Max 90% Loan Disbursal |
|---|---|---|---|---|
|
1 Gram
Single gram benchmark
|
₹13135 | ₹14329 | ₹10750 | ₹11822 |
|
8 Grams (1 Pavan / Sovereign)
1 பவுன் தங்கம் (TN Wedding Unit)
|
₹105080 | ₹114632 | ₹86000 | ₹94572 |
|
10 Grams (Bullion Bar)
Standard investment bar
|
₹131350 | ₹143290 | ₹107500 | ₹118215 |
|
100 Grams (Commercial Bar)
Heavy investment / wholesale
|
₹1313500 | ₹1432900 | ₹1075000 | ₹1182150 |
Gold Rate in Madurai for Last 10 Days (1 Gram & 1 Pavan)
Daily closing prices for 22K (916) and 24K pure gold in Madurai with day-to-day fluctuations
| Date | 22K 1 Gram (INR) | 22K 1 Pavan (8g) | 24K 1 Gram (INR) | Daily Change |
|---|---|---|---|---|
| 27 Oct 2026 Today | ₹13135 | ₹105080 | ₹14329 | ▲ +₹50 |
| 26 Oct 2026 | ₹13085 | ₹104680 | ₹14275 | ▲ +₹15 |
| 25 Oct 2026 | ₹13070 | ₹104560 | ₹14258 | ▬ ₹0 |
| 24 Oct 2026 | ₹13070 | ₹104560 | ₹14258 | ▲ +₹10 |
| 23 Oct 2026 | ₹13060 | ₹104480 | ₹14248 | ▼ -₹175 |
| 22 Oct 2026 | ₹13235 | ₹105880 | ₹14438 | ▼ -₹155 |
| 21 Oct 2026 | ₹13390 | ₹107120 | ₹14608 | ▼ -₹100 |
| 20 Oct 2026 | ₹13490 | ₹107920 | ₹14717 | ▼ -₹80 |
| 19 Oct 2026 | ₹13570 | ₹108560 | ₹14804 | ▲ +₹35 |
| 18 Oct 2026 | ₹13535 | ₹108280 | ₹14766 | ▬ ₹0 |
Madurai Gold Rate & 90% Loan Calculator
Enter your gold weight to see today's market value, loan payout, and used gold savings.
Sell Old Gold in Madurai for 100% Cash Value — Zero Deductions
Traditional showrooms and pawnshops cut 10% to 15% for melting loss and wastage. At FirstMoney Gold Madurai, your ornaments are scanned with German XRF spectrometry in front of your eyes and paid at 100% full live market bullion rates with ₹0 deduction.
Deduct 10%–15% for making charges and melting loss. Exchange only, no cash.
Customer Loses: ₹13,000–₹20,000 / PavanManual stone weight guessing, acid scratch damage, and arbitrary valuation cuts.
Customer Loses: ₹11,000–₹16,000 / Pavan100% Live market bullion benchmark. German XRF non-destructive testing. Spot Cash/UPI.
You Get: 100% Full Market Cash (₹105080/Pavan)Check Today Gold Price in Any Town or District Across Tamil Nadu
Top Ranked Jewellery Shops & Gold Centers in Madurai
Compare verified Google ratings, services, gold loan valuations, and buy used gold without showroom wastage.
FirstMoney Gold - Madurai Regional Hub
📍 West Masi Street, Near Madurai Junction & Meenakshi Temple, Madurai 625001 • PIN: 625001
Thangamayil Jewellery Ltd - Madurai Flagship
📍 256, South Avani Moola Street, Madurai 625001 • PIN: 625001
GRT Jewellers - Madurai
📍 West Tower Street, Opp. Meenakshi Amman Temple, Madurai 625001 • PIN: 625001
Kalyan Jewellers - Madurai
📍 No. 129, South Veli Street, Madurai 625001 • PIN: 625001
Lalitha Jewellery Mart - Madurai
📍 West Veli Street, Near Madurai Railway Junction, Madurai 625001 • PIN: 625001
Malabar Gold & Diamonds - Madurai
📍 100 Feet Road, Near Mattuthavani Bus Stand, K.K. Nagar, Madurai 625020 • PIN: 625001
Gold Buying & Financing Trends in Madurai
Madurai, the historic temple city of Meenakshi Sundareswarar, is one of South India's largest gold jewelry buying, trading, and pledged gold markets. South Avani Moola Street and West Masi Street house centuries-old goldsmiths and flagship retail showrooms.
Why FirstMoney Gold Ranks #1 in Madurai
Comparing FirstMoney Gold against standard traditional jewellery showrooms and NBFCs
| Feature / Benefit | ⭐ FirstMoney Gold (Rank #1) | Traditional Big Showrooms | Standard Banks / NBFCs |
|---|---|---|---|
| Gold Loan Valuation | Up to 90% LTV (₹11822/g) | No Gold Loans | 75% LTV Cap (₹9,500/g) |
| Monthly Interest Rate | Starts at 0.99% / month | N/A | 1.50% - 2.50% / month |
| Used Gold (Making Charges) | 0% Making Charges & 0% Wastage | 12% to 25% VA / Wastage charged | N/A |
| Cash for Old Gold (100% Payout) | 100% Spot Full Market Value | 3% to 5% deductions / exchange only | Do not purchase gold |
| Pledged Loan Takeover | Spot loan payoff & gold release | No release service | Complex paperwork (weeks) |
| Purity Verification | German XRF Computer Spectrometer | Touchstone / Acid test | Manual appraisal |
Gold Price, 1 Pavan Rate & Loans in Madurai
மதுரை தங்கம் விலை மற்றும் அடகு நகைகள் பற்றிய கேள்விகள்
What is today's 22K & 24K gold rate in Madurai? (மதுரை இன்றைய தங்கம் விலை)
As on 27 October 2026, the live 22 Karat (916 BIS hallmarked) gold price in Madurai is ₹13135 per gram, while 24 Karat pure investment bullion is ₹14329 per gram. FirstMoney Gold offers instant gold loans up to 90% (₹11822/g).
What is the price of 1 pavan (8 grams) gold in Madurai today? (1 பவுன் தங்கம் விலை)
Today in Madurai, 1 pavan (1 sovereign / 8 grams) of 22K hallmarked gold costs ₹105080. If you pledge 1 pavan gold at FirstMoney Gold, you get up to ₹94572 instant cash loan in hand with 0.99% monthly interest.
Where can I sell old gold for cash in Madurai without melting deductions? (பழைய தங்கம் விற்க)
FirstMoney Gold is the #1 certified used gold buyer in Madurai. Unlike traditional showrooms or pawnshops that cut 10% to 15% for melting loss, FirstMoney Gold tests your ornaments using German XRF technology in front of you and pays 100% full live bullion market value (₹13135/g) via spot cash or UPI transfer.
How to release pledged gold from pawnshops or banks in Madurai? (அடகு நகைகள் மீட்க)
FirstMoney Gold offers a seamless pledged loan takeover service across Madurai. Our loan officer visits the bank or pawnshop with you, pays off your overdue principal and interest on the spot, retrieves your gold safely, and pays you the extra cash surplus based on our higher 90% valuation rate.
Can I buy certified used gold with 0% making charges in Madurai?
Yes! At FirstMoney Gold Madurai, you can purchase certified 916 BIS hallmarked pre-owned gold jewelry strictly at the net gold weight rate with 0% making charges and 0% wastage (VA), saving up to ₹2,500 per sovereign compared to traditional showrooms.
Can I sell gold without an original purchase invoice in Madurai?
Yes, FirstMoney Gold accepts inherited, old, or unhallmarked gold jewelry without original bills. Simply bring any government-issued photo ID (Aadhaar Card, PAN Card, or Voter ID) for standard KYC compliance.