Gold Price Today in Chennai — 31 March 2026
Last updated: 30 March 2026
| Weight | 24K | 22K |
|---|---|---|
| 1g | ₹14,626 | ₹13,407 |
| 8g | ₹1,17,008 | ₹1,07,256 |
| 10g | ₹1,46,260 | ₹1,34,070 |
| 100g | ₹14,62,600 | ₹13,40,700 |
| 1kg | ₹1,46,26,000 | ₹1,34,07,000 |
Chennai's gold tradition runs deep, with T. Nagar and Mylapore housing numerous jewellers. Tamil Nadu's affinity for gold during Pongal and weddings keeps demand steady. Today, 24K gold in Chennai is priced at ₹14,626 per gram.
Chennai jewellers emphasise traditional designs and purity. The Tamil Nadu government's policies occasionally impact local rates. Hallmarking is mandatory for most purchases.
30-Day Gold Price Trend in Chennai
Factors Affecting Gold Price in Chennai
Gold prices in Chennai are influenced by the Multi Commodity Exchange (MCX) benchmarks, which reflect global spot prices, rupee-dollar dynamics, and import duties. When international gold rises or the rupee weakens, local rates tend to follow.
State-level taxes and levies affect the final price in Chennai. The Goods and Services Tax (GST) of 3% on gold jewellery applies uniformly, but local octroi or other levies may create small differences compared to other cities.
Demand cycles play a key role. During weddings, festivals like Diwali, Dussehra, and Akshaya Tritiya, and local celebrations in Tamil Nadu, demand surges and jewellers may add a small premium. Off-season periods often see slightly softer rates.
Jeweller association rates in Chennai provide a reference, but individual stores may quote marginally different prices based on inventory, making charges, and design complexity. Always compare at least 2-3 jewellers before buying.
Chennai vs Nearby Cities
Frequently Asked Questions
What is the gold price in Chennai today?
Today's gold price in Chennai varies slightly based on local jeweller rates. Check the table above for 24K and 22K rates per gram.
What is 22K gold price in Chennai?
22K gold in Chennai is priced as shown in the table above. 22K is 91.6% pure and preferred for traditional jewellery.
Why does gold price differ between cities?
Gold prices differ due to state taxes, local association rates, and demand. Cities like Mumbai and Delhi may have marginally different rates.
Where can I buy gold in Chennai?
Chennai has numerous certified jewellers. Look for BIS hallmark certification and compare rates at 2-3 stores before buying.
How is GST applied on gold in Chennai?
GST of 3% applies on gold jewellery across India, including in this city. Gold coins and bars for investment may have different tax treatment.
Gold & Silver Prices in Other Cities
Compare gold prices in Chennai with nearby cities: