Gold Rate Today in Chennai — 7 July 2026
Today's 24K gold rate in Chennai is ₹14,394 per gram and 22K is ₹13,185 per gram, down ₹182 from yesterday.
Last updated: 11:20 am IST, 7 July 2026
| Weight | Today | Yesterday | Change |
|---|---|---|---|
| 1 gram | ₹13,185 | ₹13,352 | −₹167 |
| 8 grams | ₹1,05,478 | ₹1,06,812 | −₹1,335 |
| 10 grams | ₹1,31,847 | ₹1,33,515 | −₹1,668 |
| 100 grams | ₹13,18,470 | ₹13,35,153 | −₹16,683 |
| Weight | Today | Yesterday | Change |
|---|---|---|---|
| 1 gram | ₹14,394 | ₹14,576 | −₹182 |
| 8 grams | ₹1,15,150 | ₹1,16,607 | −₹1,457 |
| 10 grams | ₹1,43,938 | ₹1,45,759 | −₹1,821 |
| 100 grams | ₹14,39,378 | ₹14,57,591 | −₹18,213 |
Detailed purity pages: 22 carat gold rate in Chennai · 24 carat gold rate in Chennai
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Buying gold in Chennai
Chennai anchors Tamil Nadu's massive gold economy. T. Nagar's jewellery cluster is among the highest-turnover retail stretches in India, and the city's preference runs strongly to 22K (916) jewellery for both adornment and savings.
Usman Road and Panagal Park in T. Nagar concentrate some of the country's largest jewellery showrooms within a few hundred metres. George Town's NSC Bose Road area handles the older wholesale trade, while Mylapore's shops around the temple specialise in traditional and temple jewellery.
Tamil Nadu chains compete aggressively on 'VA' (value addition/wastage): plain chains and bangles are often promoted at 3–8%, while handcrafted temple jewellery, antique finishes and bridal sets run higher. Quotes are usually per gram with VA and GST itemised.
Akshaya Tritiya is the peak buying day, and the Tamil months matter: Thai (mid-January onward) opens the wedding season, while Aadi (mid-July to mid-August) is traditionally quiet — which is exactly when showrooms run their biggest discount offers on making charges.
Frequently asked questions
What is the gold rate today in Chennai?
Today's gold rate in Chennai is ₹14,394 per gram for 24K gold and ₹13,185 per gram for 22K gold. For 8 grams (one sovereign), that is ₹1,05,478 in 22K.
Why does the gold rate in Chennai differ slightly from other cities?
The base price of gold is national — international spot price, rupee exchange rate and import levies. Small city-level differences come from local jewellers' association rates, transport and handling costs, and dealer-level demand in Tamil Nadu. The difference is usually a few rupees per gram.
Is GST included in the Chennai gold rate shown here?
No — like jewellers' board rates, these prices are before tax. When you buy jewellery, 3% GST applies on the gold value plus making charges.
How often is the gold rate in Chennai updated?
Rates refresh every 10 minutes through the Indian trading day, and the exact time of the latest update is shown at the top of this page.
Related rates
See the silver rate in Chennai, compare with the national gold rate, or track the gold rate history in Chennai. Tools: jewellery price calculator, old gold value and gold loan per gram.