Gold Prices See Sharp Drop in Chennai Today (March 19, 2026); Silver Also Falls

Gold Prices See Sharp Drop in Chennai Today (March 19, 2026); Silver Also Falls

Gold prices fell noticeably today, continuing the downward trend from yesterday and giving some relief to buyers.

The price of 22-carat gold has dropped by ₹270 per gram and is now at ₹14,300. Similarly, 18-carat gold is down by ₹260 per gram, taking the rate to ₹11,980.

Silver has also become cheaper, falling by ₹10 per gram and now priced at ₹265.

Compared to March 18 when gold fell by ₹80 and silver by ₹5 today’s drop is much bigger, showing that prices are easing further.

This decline is largely linked to global factors like changes in international gold rates, movements in the US dollar, and shifting investor sentiment. If this trend continues, buyers could see even better prices in the coming days.

Gold Price Today in Chennai (March 18, 2026): 22K Gold Falls by ₹80, Silver Drops ₹5

Gold Price Today in Chennai (March 18, 2026): 22K Gold Falls by ₹80, Silver Drops ₹5

Gold prices in Chennai continued their downward trend today, offering slight relief for buyers. The price of 22-carat gold has decreased by ₹80 per gram and is currently trading at ₹14,570 per gram.

Along with gold, silver prices have also declined. The price of silver dropped by ₹5 per gram and is now at ₹275.00 per gram in Chennai.

As per the latest market rates, 24-carat gold (pure gold) is priced at ₹15,894 per gram, while 8 grams of 24K gold costs ₹1,27,152. Meanwhile, 22-carat gold (jewellery gold) is being sold at ₹1,16,560 for 8 grams.

The fall in gold prices is mainly driven by global economic factors, including fluctuations in international gold markets, the strengthening of the US dollar, and changes in demand and supply. Investor sentiment and ongoing economic uncertainties have also contributed to the price movement.

Gold Price in Chennai Today (March 17, 2026): Rate Falls to ₹1,17,200 per Sovereign

Gold Price in Chennai Today (March 17, 2026): Rate Falls to ₹1,17,200 per Sovereign

Gold prices in Chennai have continued their downward trend on March 17, 2026, offering some relief to buyers. The price of 22K ornamental gold has dropped by ₹480 per sovereign, bringing the rate down to ₹1,17,200 per sovereign. On a per gram basis, gold prices have decreased by ₹60, now standing at ₹14,650 per gram.

Over the past few days, gold rates in Chennai have been consistently declining. On March 12, prices fell sharply by ₹1,200 per sovereign to ₹1,19,760. This was followed by a drop of ₹560 on March 13, taking the rate to ₹1,19,200. On March 14, gold prices declined further by ₹1,120, reaching ₹1,18,080 per sovereign.

At the beginning of the week (March 16), gold prices dipped again, with a reduction of ₹400 per sovereign to ₹1,17,680 and ₹50 per gram to ₹14,710. Continuing this trend, today’s additional fall highlights a sustained bearish movement in gold prices.

Market experts attribute this decline to fluctuations in global gold rates, a stronger US dollar, and changing economic conditions worldwide.

Gold Prices Drop at the Start of the Week – Current Rates in Chennai

Gold Prices Drop at the Start of the Week – Current Rates in Chennai

Chennai: After rising on the 10th and 11th of this month, gold prices have been declining over the past few days in Chennai. Two days ago, the price of ornamental gold fell by ₹1,120 per sovereign, bringing the rate down to ₹1,18,080 per sovereign, while the price per gram dropped by ₹140 to ₹14,760.

As yesterday was a holiday, there was no change in the gold price. However, the downward trend has continued today for the fourth consecutive day. The price of gold has decreased by ₹400 per sovereign and ₹50 per gram. Currently, ornamental gold in Chennai is being sold at ₹1,17,680 per sovereign and ₹14,710 per gram.

Silver Prices Also Decline

Silver prices have also dropped today. The price of silver has decreased by ₹4 per gram and ₹4,000 per kilogram. As a result, silver is now being sold at ₹276 per gram and ₹2,76,000 per kilogram.

Gold Price Trend – Last 5 Days (Per Sovereign)

16.03.2026 – ₹1,17,680
15.03.2026 – ₹1,18,080
14.03.2026 – ₹1,18,080
13.03.2026 – ₹1,19,200
12.03.2026 – ₹1,19,760

Gold Price Drops Sharply in Chennai; 22-Carat Gold Falls to ₹1,18,080 Per Sovereign

Gold Price Drops Sharply in Chennai; 22-Carat Gold Falls to ₹1,18,080 Per Sovereign

Gold prices in Chennai have recorded a sharp decline today after fluctuating over the past few days. The price of 22-carat gold jewellery has fallen significantly in the city’s bullion market.

Today, the price of gold per sovereign (8 grams) has decreased by ₹1,120, bringing the rate down to ₹1,18,080. The price per gram of gold has also dropped by ₹140, and it is currently being sold at ₹14,760 per gram.

In the previous trading session, gold was sold at around ₹1,19,200 per sovereign, after a smaller decline of ₹560. The per-gram price stood at ₹14,900.

Silver prices have also shown minor fluctuations in the market. Earlier, silver prices dropped by ₹10 per gram, reaching ₹280 per gram, while bar silver was sold at around ₹2,80,000. In the latest update, silver prices remain steady at around ₹290 per gram, with bar silver priced at about ₹2,90,000.

Gold Price Trend in the Last 5 Days

13-03-2026: ₹1,19,200 per sovereign

12-03-2026: ₹1,19,760 per sovereign

11-03-2026: ₹1,20,960 per sovereign

10-03-2026: ₹1,20,400 per sovereign

09-03-2026: ₹1,19,600 per sovereign

Silver Price Trend in the Last 5 Days

13-03-2026: ₹290 per gram

12-03-2026: ₹290 per gram

11-03-2026: ₹300 per gram

10-03-2026: ₹300 per gram

09-03-2026: ₹290 per gram

Jewellery traders say the recent fluctuations in gold and silver prices are influenced by global market trends and demand in the bullion market.

Gold Price Today in Chennai: Gold Falls ₹1,200 Per Sovereign, Silver Drops ₹10

Gold Price Today in Chennai: Gold Falls ₹1,200 Per Sovereign, Silver Drops ₹10

Gold prices have declined today in Chennai after several days of fluctuations in the market. The price of 22-carat gold jewellery has dropped significantly, giving some relief to buyers.

According to the latest market rates, the price of 22-carat gold has decreased by ₹1,200 per sovereign and is currently being sold at ₹1,19,760 per sovereign in Chennai. The price per gram has also fallen by ₹150 and is now ₹14,970 per gram.

Silver prices have also seen a decline today. The price of silver has reduced by ₹10 per gram, bringing the rate to ₹290 per gram. Meanwhile, one kilogram of silver is being sold at ₹2.90 lakh.

Market experts say that international market trends, global economic conditions, and fluctuations in demand continue to influence gold and silver prices in India.

Last 5 Days Gold Price (22 Carat)

11-03-2026 – ₹1,20,960 per sovereign

10-03-2026 – ₹1,20,400 per sovereign

09-03-2026 – ₹1,19,600 per sovereign

08-03-2026 – ₹1,20,400 per sovereign

07-03-2026 – ₹1,20,400 per sovereign

06-03-2026 – ₹1,19,680 per sovereign

Last 5 Days Silver Price

11-03-2026 – ₹300 per gram

10-03-2026 – ₹300 per gram

09-03-2026 – ₹290 per gram

08-03-2026 – ₹290 per gram

07-03-2026 – ₹290 per gram

06-03-2026 – ₹290 per gram