by vellorecity | Aug 1, 2026 | gold, News
Gold prices in Chennai declined on Saturday, August 1, 2026, according to the latest morning rates released by the Madras Jewellers & Diamond Traders Association (MJDTA).
The price of 22-carat gold fell by ₹35 per gram, bringing the rate down to ₹13,220, compared to ₹13,255 on July 31. Similarly, the price of 18-carat gold also decreased by ₹35 per gram, dropping to ₹11,035 from ₹11,070 the previous day.
Meanwhile, the silver rate in Chennai remained unchanged at ₹235 per gram, continuing at the same level for another consecutive day.
Chennai Gold and Silver Rates – August 1, 2026
22K Gold (1 Gram): ₹13,220 (↓ ₹35)
18K Gold (1 Gram): ₹11,035 (↓ ₹35)
Silver (1 Gram): ₹235 (No Change)
Gold Prices Decline After Recent Gains
After recording steady gains over the previous two trading sessions, gold prices in Chennai witnessed a modest correction today.
On July 31, the 22K gold rate stood at ₹13,255 per gram, while the 18K gold rate was ₹11,070 per gram. With today`s decline of ₹35 per gram, the prices have eased to ₹13,220 and ₹11,035, respectively.
Despite this pullback, gold prices remain relatively strong, reflecting continued fluctuations in the domestic and international bullion markets.
Silver Prices Hold Firm
Unlike gold, silver prices in Chennai remained stable at ₹235 per gram, showing no change from the previous trading session.
Factors Affecting Gold Prices in Chennai
Gold prices are influenced by several domestic and global factors, including:
– International bullion market trends
– US dollar exchange rate movements
– Interest rate expectations
– Inflation and global economic conditions
– Geopolitical developments
– Import duties and taxes
– Local jewellery demand and investor sentiment
Jewellery buyers and investors are advised to check the latest Chennai gold rate before making purchases or investment decisions, as gold and silver prices may fluctuate based on market conditions throughout the day.
by Interns_team | Mar 19, 2026 | For Sale, gold, Gold News, News
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.
by vellorecity | Feb 2, 2026 | gold, News
Gold jewellery prices in Chennai touched a fresh all-time high on Friday, continuing the strong upward trend witnessed since the beginning of the week.
On December 26, the price of gold increased by ₹560 per sovereign, taking the rate to ₹1,03,120 per sovereign (8 grams). On a per-gram basis, gold rose by ₹70, with one gram priced at ₹12,890.
Gold prices have been on a steady rise over the past few days. On December 22, prices jumped sharply by ₹1,360 per sovereign, reaching ₹1,00,560. This was followed by another major increase on December 23, when gold surged by ₹1,600 per sovereign to ₹1,02,160.
On December 24, gold prices rose further, with the per-gram rate increasing by ₹30 to ₹12,800, while the sovereign price went up by ₹240 to ₹1,02,400. Later the same day, gold saw an additional rise of ₹160 per sovereign, selling at ₹1,02,560, with the per-gram price moving up by ₹20 to ₹12,820. Today’s hike has pushed prices to yet another record level.
Meanwhile, silver prices also recorded a sharp jump. Driven by strong demand from the electrical and renewable energy sectors – including solar panels, batteries, and electric vehicles – silver prices continue to climb. On December 26, silver rose by ₹9 per gram, selling at ₹254 per gram, and by ₹9,000 per kilogram, taking the rate to ₹2.54 lakh per kg.
Market experts attribute the sustained rise in gold and silver prices to strong industrial demand and continued investor interest amid ongoing global economic uncertainty.
by vellorecity | Feb 2, 2026 | gold, News
The period of speculation over whether gold prices would cross the ₹1 lakh mark has now come to an end. On the 15th of this month, the price of one sovereign of gold officially crossed ₹1 lakh, creating a new all-time high. At the beginning of this year, market experts had predicted that gold prices would touch ₹1 lakh by the end of 2025, and that prediction has now come true.
In this backdrop, the World Gold Council has forecast that gold prices could approach ₹2 lakh per sovereign by the end of next year (2026). Reflecting this outlook, gold prices have been consistently rising and setting new peaks almost every day.
Two days ago, gold prices surged by ₹170 per gram and ₹1,360 per sovereign. On that day, one gram of gold was sold at ₹12,570, while one sovereign was priced at ₹1,00,560. The upward momentum continued yesterday, with prices increasing by ₹200 per gram and ₹1,600 per sovereign. As a result, one gram of gold rose to ₹12,770 and one sovereign touched ₹1,02,160.
Within just two days, gold prices climbed by ₹2,960 per sovereign, marking a fresh all-time high. The rally continued today as well, with gold prices rising by another ₹30 per gram and ₹240 per sovereign. Currently, one gram of gold is selling at ₹12,800, while one sovereign has reached ₹1,02,400, an unprecedented level.
Silver prices have also witnessed a sharp and historic rise. The day before yesterday, silver prices increased by ₹5 per gram and ₹5,000 per kilogram. Yesterday, prices climbed further by ₹3 per gram and ₹3,000 per kilogram, taking the price to ₹234 per gram and ₹2,34,000 per kilogram.
Today, silver recorded a massive single-day jump of ₹10 per gram, with prices reaching ₹244 per gram and ₹2,44,000 per kilogram. This marks a new all-time high for silver prices as well.
Last Five Days’ Gold Prices (22-carat):
23-12-2025: ₹1,02,160 per sovereign
22-12-2025: ₹1,00,560 per sovereign
21-12-2025: ₹99,200 per sovereign
20-12-2025: ₹99,200 per sovereign
19-12-2025: ₹99,040 per sovereign
Last Five Days’ Silver Prices:
23-12-2025: ₹234 per gram
22-12-2025: ₹231 per gram
21-12-2025: ₹226 per gram
20-12-2025: ₹226 per gram
19-12-2025: ₹221 per gram
With both gold and silver reaching historic highs, market watchers expect continued volatility and upward momentum in precious metal prices in the coming days.
by vellorecity | Feb 2, 2026 | gold, News
With gold prices already crossing the ₹1 lakh mark, they have surged further today, rising by ₹1,600 per sovereign. The price of 22-carat gold witnessed a sharp increase yesterday (Monday) as well ₹640 per sovereign in the morning, followed by an additional ₹720 rise in the evening. In total, gold prices jumped by ₹1,360 in a single day, reaching ₹1,00,560 per sovereign.
Today’s fresh hike has pushed the price of gold to ₹1,02,160 per sovereign. The per-gram price has also risen by ₹200, taking it to ₹12,770.
Notably, the price of one sovereign of gold had earlier touched ₹1,00,120 on December 15. The repeated crossing of the ₹1 lakh milestone has sparked concern among the general public.
Meanwhile, silver prices have also increased. The price of silver rose by ₹3 per gram this morning and is now being sold at ₹234 per gram. On a kilogram basis, silver has increased by ₹3,000, reaching ₹2,34,000 per kilogram.
by Interns_team | Jan 20, 2026 | gold, Gold News, News
The price of gold has once again touched a historic high in Chennai. After crossing Rs. 1 lakh per sovereign on December 15 last month, prices saw a brief decline before beginning a steady upward trend from December 22. On December 28, gold reached a new peak and then dropped sharply. However, over the past week, prices have resumed their upward movement.
Yesterday, gold prices increased significantly. In Chennai, the price of 22-carat ornamental gold rose by Rs. 1,360 per sovereign, reaching Rs. 1,07,600 per sovereign. The price per gram increased by Rs. 170 to Rs. 13,450.
Silver prices also recorded a slight rise. One kilogram of silver increased by Rs. 8,000 to Rs. 3,18,000, while the price per gram went up by Rs. 8 to Rs. 318.
Today’s Prices:
Today, gold prices have reached a fresh all-time high once again. In Chennai, the price of ornamental gold has increased by Rs. 1,280 per sovereign, selling at Rs. 1,08,880 per sovereign. The price per gram has risen by Rs. 160 to Rs. 13,610.
Silver prices have also moved upward. One kilogram of silver has increased by Rs. 12,000 to Rs. 3,30,000, and the price per gram has risen by Rs. 12 to Rs. 330.
Gold Price Trend Over the Last 5 Days:
20.01.2026 – Rs. 1,08,880 per sovereign
19.01.2026 – Rs. 1,07,600 per sovereign
18.01.2026 – Rs. 106,240 per sovereign
17.01.2026 – Rs. 1,06,240 per sovereign
16.01.2026 – Rs. 105,840 per sovereign
With gold and silver prices continuing their upward momentum, buyers and investors are closely monitoring market trends amid ongoing economic uncertainty.
