Gold rate in Madagascar today vs India (live)
Updated: 10 Nov 2026. Live rate every 30 seconds.
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Today's gold price in Madagascar compared with India, live. The Madagascar column uses the international spot price converted to MGA; local shop prices add a small premium and making charges. The India column shows the Indian market price (including import duty, before 3% GST) converted to MGA.
| Purity | Madagascar: 1 g (MGA) | Madagascar: 10 g (MGA) | India: 1 g (in MGA) |
|---|---|---|---|
| 24K | MGA 592,227 | MGA 5,922,269 | MGA 691,413 |
| 22K | MGA 542,894 | MGA 5,428,944 | MGA 633,818 |
| 18K | MGA 444,170 | MGA 4,441,702 | MGA 518,560 |
1 MGA = ₹0
About buying gold in Madagascar
Gold in Madagascar is priced in the Malagasy ariary (MGA). In Antananarivo and other cities, buy from established jewellers or bullion dealers, check the purity (karat) stamp, and always ask for a bill that shows the weight and purity.
Is gold cheaper in Madagascar or India?
The raw gold price in India is usually higher than the international price because of India's import duty (15% since May 2026: 10% basic customs duty + 5% AIDC). So plain gold is often cheaper abroad. But making charges in India are frequently lower, and if you bring jewellery above the duty-free limit you will pay customs duty at the airport, which can cancel the saving.
Bringing gold from Madagascar to India
Under India's baggage rules, a passenger resident abroad for more than one year can bring gold jewellery duty-free up to 20 g for men and 40 g for women. Since the Baggage Rules 2026 the limit is by weight only, with no rupee value cap. Above that, customs duty applies. Rules change, so check the latest CBIC guidance before you fly. Read our guide: how much gold can an NRI bring to India.
Related
Bringing gold from Madagascar to India · India gold rate in USD · All NRI guides
Indicative prices only. Always confirm with your jeweller.
Frequently asked questions
Is this price live?
Yes. Prices are calculated in your browser from the live international gold price and live exchange rates, and refresh every 30 seconds.
Why can a shop price be different?
Shops add their own premium and making charges, and some update prices only once or twice a day. Treat these as indicative prices and confirm with your jeweller.
Does the Indian price include import duty?
Yes. The India price includes the 15% import duty (10% basic customs duty + 5% AIDC since May 2026). 3% GST is shown separately.