Today Gold Rate in Chennai
Gold / g
₹ 9,808
Gold / g
₹ 8,990
Gold / g
₹ 7,000
Live 22K & 24K Gold Prices
Looking for a trusted and reliable source for accurate and updated gold price in Chennai, then look no further than Gold Rate Chennai. This online platform welcomes all gold enthusiasts who are interested in knowing today gold rate in Chennai. No matter, whether you are planning to buy gold jewellery or looking to invest in gold coins, or simply prefer to track the gold rate, at Gold Rate Chennai we will help stay updated and informed every day.
Live Gold Rate in Chennai of June 12, 2025
| Sno. | Purity | 1 Gram | 8 Grams | 10 Grams | 100 Grams |
|---|---|---|---|---|---|
| 1 | 24K | ₹9,100 | ₹72,800 | ₹91,000 | ₹91,00,000 |
| 2 | 22K | ₹9,555 | ₹76,440 | ₹95,550 | ₹95,55,000 |
| 3 | 18K | ₹9,555 | ₹76,440 | ₹95,550 | ₹95,55,000 |
Last updated on : June 12, 2025
Quick Summary Today’s Gold Price Trends
- 22K gold has increased by ₹155 per gram compared to yesterday.
- 24K gold has increased by ₹163 per gram from the previous rate.
- The price rise is influenced by global market movement and strong demand in the local Chennai jewellery market.
Chennai Gold Rate 7 Day Price Chart
| Date | 22K (1g) | 24K (1g) |
|---|---|---|
| June 12 | ₹9,100 | ₹9,555 |
| June 11 | ₹8,945 | ₹9,392 |
| June 10 | ₹8,945 | ₹9,392 |
| June 9 | ₹8,955 | ₹9,403 |
| June 8 | ₹8,980 | ₹9,429 |
| June 7 | ₹8,980 | ₹9,429 |
| June 6 | ₹9,130 | ₹9,587 |
Average Gold Rate in Chennai (Monthly Overview)
| Month | 22K Avg Price / gram | 24K Avg Price / gram |
|---|---|---|
| May 2025 | ₹8,920 | ₹9,738 |
| April 2025 | ₹8,980 | ₹9,142 |
| March 2025 | ₹7,940 | ₹8,668 |
| February 2025 | ₹7,745 | ₹8,455 |
| January 2025 | ₹7,610 | ₹8,306 |
| December 2024 | ₹7,110 | ₹7,762 |
About Gold
Gold is undoubtedly the most valued metal in India and is the most reliable asset for centuries that offers financial stability as well as timeless value. People’s affection for gold has always remained consistent, as this precious metal is related to auspiciousness. Not only this yellow metal has great cultural value, but it is also considered as great investment portfolio. People’s love for the gold has remain untouched, irrespective of the country’s economy, as they are ready to purchase gold in a huge volume in Chennai as well as across the country.
Gold Rate in Chennai
Chennai is counted amongst the cities having highest gold consumers in the country because of its significant traditional and cultural significance. Gold in Chennai has currently emerged as a safe and stable investment option, particularly because of the stock market uncertainty. Chennai is a major metropolitan city where people have a relatively high per capita income, allowing people to spend on expensive items like gold. Besides, the city also has a good number of jewellers and gold merchants ensuring people have easy access to gold. The gold rate in Chennai varies from other cities in India and the city has slightly lower gold rate compared to other cities because gold is mostly imported in large amounts in India and Chennai being near the ports of entry has lower gold rate.
What Affects Gold Rate in Chennai?
Gold Rates in Chennai or in any major cities in India move in line with global trends, as India mostly relies on imports to meet local gold demand. Any fluctuations in global rates of the gold also get reflected in domestic markets. However, the gold rate also varies across cities in India despite rate getting decided by common macro factors like US dollar movements, global demand, central bank purchases, international prices, and bond prices. Local factors that affect gold rates are domestic demand, local taxes, and transportation costs. Gold rates in Chennai are affected by a mix of global, national, and local factors, some of which are discussed below.
International Gold Prices
International gold rates are influenced by factors like global economic conditions, inflation, and central bank policies. Since, India relies on imports to meet gold demand, any fluctuation in international market directly impact the local market.
Currency Exchange Rate (INR vs USD)
Gold rate in Chennai or any other cities depends on the U.S. dollar and a weaker Indian rupee increases the rate of gold in Chennai.
Import Duties & Taxes
Indian government imposes GST and custom duties on gold imports and any change or revision in GST or custom duties affect gold rate in Chennai and other cities.
Local Demand and Supply
The gold rates in Chennai also get affected by the local demand. For instance, the rate of the gold in Chennai escalates during wedding season and festivals.
Inflation and Interest Rates
In case of rise in inflation and dropping of interest rates, people start purchasing gold, which further increases rate with the demand going high.
Why Check Gold Rates Daily?
Gold witnesses price fluctuation everyday due to market dynamics and various other reasons like global demand and supply chain disruptions. Thus, people who are interested in this precious metal should daily keep a check on the gold rate for the following vital reasons:
Daily checking the gold rate will help people understand the market and make the best informed buying or selling decision.
Regular checking the gold rate will allow people to identify the best time to buy gold when price is lower and sell gold when rate is high.
Keeping daily update on the gold price will allow people to make more informed investment decisions, as they can plan investment in this metal while prices are favourable.
Gold rate changes rapidly and by staying updated on the price, people can avoid missing out on potential gains or incur unnecessary losses.
Why Gold Rate in Chennai Differs from Other Cities
Gold rate in India varies in every city, so gold rate in Chennai is different from other cities of India. Gold rate in every city of India depends on few vital factors such as
Local Market Conditions
The gold rate usually depends upon demand-supply of gold in the local market. As every city has its own demand-supply equation, accordingly the rate varies.
Logistics & Transportation Costs
The gold in Chennai is imported through southern ports, which considerably reduces costs compared to other cities.
Regional Taxes & Octroi
There are slight variations in local levies or state-level taxes that also cause price differences.
Where to Buy Gold in Chennai?
Chennai is a coastal city where people have unique relationship with gold jewellery. Over the years, the city has become a hub for gold and jewellery, as this metal has been a part of culture since ancient times. Even today, festivals and special occasions are considered incomplete without gold. The best thing is that Chennai is home to some of the best gold jewellers in India, as this city has a long history of goldsmiths and craftspeople. Chennai is one of the largest gold markets with the highest turnover of gold in the country. Whether one prefers high-end showrooms or trusted local stores, here are some popular buying options in Chennai:
Malabar Gold and Diamonds
Kalyan Jewellers
GRT Jewellers
Tanishq
Joy Alukkas
Lalitha Jewellery
Most of these jewellers offer BIS-hallmarked products, as well as digital gold options and also provide facility of live gold rate tracking.
Types of Gold Options Available in Chennai
People in Chennai have different options of buying gold, as they have multitude of options in the form of jewellery, bars, coins, and even digital gold.
Jewellery (22K)
Jewellery can be purchased for traditional and bridal use
Gold Coins & Bars (24K)
This type of gold is usually purchased for investment or for gifting purpose and is available in different weights like 1g, 5g, 10g, 50g, and 100g.
Digital Gold
Digital gold is currently the best option of buying gold, as one can buy even in fractional quantities and the gold is securely stored by the platform.
Gold ETFs & Sovereign Gold Bonds
These are paper gold that is bought for investment purpose and is backed by government or financial institutions. This is easily tradable and has low risk.
Tips to Buy Gold Wisely in Chennai
People while buying gold in Chennai should be careful and cautious, as heavy amount is invested and careless approach can cause big loss. Thus, people while purchasing gold should keep following tips in mind to make informed and profitable decision.
- Check the Daily Rate – People in Chennai should check today’s gold rate before stepping into a store to buy
- Buy BIS Hallmarked Gold – People should always prefer buying hallmarked gold because this ensures purity and quality.
- Understand Making Charges - Gold making charges vary from 3% to 25%, depending on the design and store, so people should buy gold from a store that has low making charges.
- Ask for a Detailed Bill – While buying gold in Chennai, people must always ask for detailed bill to have clarity on gold rate, weight, making charges, and GST.
- Consider Goals – People should buy gold depending upon their purpose, if they are buying for investment purpose then they should buy 24K gold and if they are buying jewellery then they should go with 22K gold.
Best Time to Buy Gold in Chennai
Though people in Chennai can buy gold throughout the year, but to crack the best deal in gold people must consider favourable months that include.
Off-season months after major festivals and wedding season
Global market dips or currency fluctuations
Government gold bond
issue periods
Track the Chennai Gold Rate Daily
Tracking gold rate daily in Chennai is important for both investors and potential buyers because gold price fluctuates frequently due to diverse factors. By staying informed, individuals will be able to make informed decisions related to buying or selling of gold. Individuals should bookmark Gold Rate Chennai to receive accurate and up-to-date gold price information. This online portal will help individuals stay informed of daily updates, and price trends.
FAQs Today Gold Rate in Chennai
Gold witnesses price fluctuation everyday due to market dynamics and various other reasons like global demand and supply chain disruptions. Thus, people who are interested in this precious metal should daily keep a check on the gold rate for the following vital reasons:
Gold rates in Chennai are determined by the following factors:
- Indian Rupee to US Dollar exchange rate
- International gold prices
- Import duty and GST
- Local market demand and supply
Yes, Chennai residents can easily invest in digital gold such as gold ETFs and Sovereign Gold Bonds through banks, apps, and brokers. Digital gold has emerged as a safe storage and easier resale option without getting involved in physical handling. Several trusted platforms and banks offer online gold investment options such as:
- Digital Gold
- Sovereign Gold Bonds (SGBs)
- Gold ETFs and Mutual Funds