Live Gold Prices in Chennai on August 9, 2025
| Purity | Price per Gram (INR) | Price per 10 Grams (INR) |
|---|---|---|
| 22K | ₹9,290 | ₹92,900 |
| 24K | ₹10,135 | ₹1,01,350 |
Gold Price Trend – Last 7 Days in Chennai
| Date | 22K Price/g | 24K Price/g |
|---|---|---|
| Today | ₹9,290 | ₹10,135 |
| Yesterday | ₹9,150 | ₹9,982 |
| 2 Days Ago | ₹9,170 | ₹10,003 |
| 3 Days Ago | ₹9,210 | ₹10,048 |
| 4 Days Ago | ₹9,150 | ₹9,982 |
| 5 Days Ago | ₹9,160 | ₹9,993 |
| 6 Days Ago | ₹9,160 | ₹9,992 |
Introduction
Gold has always held a special place in Chennai’s culture and economy. Whether you’re buying for investment, marriage, or festivals, keeping track of daily gold rates ensures smart purchases and sales. This page provides you with the latest 22K and 24K gold rates in Chennai updated daily.
What Affects Gold Rates in Chennai?
- Global Market Prices: The international price of gold per ounce heavily affects domestic rates.
- Currency Exchange: Fluctuations in USD-INR directly impact import costs.
- Demand & Supply: Wedding seasons and festivals drive prices up due to increased demand.
- Taxes & Duties: 3% GST, customs duty, and local charges contribute to the final retail price.
22K vs 24K – Which Gold Should You Buy?
- 22K (91.6% pure): Best for jewelry, more durable and less expensive.
- 24K (99.9% pure): Ideal for investment, softer, and more expensive.
Best Time to Buy Gold in Chennai
Timing is crucial. Consider buying during dips in international prices or when jewellers offer festive discounts. Popular times include:
- Akshaya Tritiya
- Diwali & Dhanteras
- Wedding seasons (Oct–Feb)
Popular Places to Buy Gold in Chennai
- T. Nagar: GRT, Kalyan, Lalitha Jewellery
- Velachery: Saravana Stores, Joy Alukkas
- Anna Nagar: Malabar Gold, Prince Jewellery
- Sowcarpet: Trusted wholesalers and traditional goldsmiths
Why Gold Prices Vary Between Cities?
Even though the base price is nationally driven, factors like transport, local demand, taxes, and making charges cause differences between Chennai and other cities like Mumbai, Delhi, or Bangalore.
FAQs About Gold Rate in Chennai
- Is GST included in gold prices? No, GST is charged separately at 3% over base price.
- What is hallmark gold? Hallmarked gold is certified for purity by BIS. Always buy hallmarked jewelry.
- Where can I track daily gold price? Bookmark this page or check GoodReturns and Moneycontrol.
Gold Investment Options in Chennai
- Gold ETFs: Trade gold like a stock, digitally.
- Sovereign Gold Bonds: Government-backed bonds with 2.5% annual interest.
- Digital Gold: Buy and store gold online in fractions.
Today’s 18K Gold Rate in Chennai
As per recent data, 18K gold is priced around ₹7,680 per gram, suitable for trendy lightweight jewelry and custom designs.
Why Bookmark This Page?
- Daily updated prices for 22K and 24K
- Price history table to analyze trends
- Trusted sources and verified data
- Helpful tips, FAQs, and investment advice
Conclusion
Chennai is one of India’s largest gold-buying cities. With fluctuating global prices, taxes, and demand cycles, being informed is crucial. Bookmark this page and return daily for updated gold rates and tips. Make smarter gold purchases and protect your investments in 22K and 24K gold.