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Gold and Silver Rate Today in Chennai

Last updated:

In Chennai, gold is often spoken of in sovereigns, a unit of 8 grams, so this page shows the rate per gram and per sovereign. T. Nagar is one of the city's best-known jewellery shopping areas, and Sowcarpet is a long-established trading district.

Rates are indicative until purity is checked. They are for the metal only and do not include making charges or GST.

Gold 24K

₹14,129

per gram, live

Gold 22K

₹12,931

per gram, live

Gold 18K

₹10,580

per gram, live

Silver 999

₹195.05

per gram, live

The rate chart will appear here once enough daily rates have been recorded.

Daily rate table

Daily rates will be listed here soon.

Value calculator

Approximate value at the current rate ₹ --

Metal value only. Making charges, GST and wastage are not included, and the final value is confirmed after a purity test.

Rate by weight

Gold

Weight24K22K18K
1 g₹14,129₹12,931₹10,580
8 g₹1,13,032₹1,03,447₹84,638
10 g₹1,41,290₹1,29,309₹1,05,798
100 g₹14,12,902₹12,93,088₹10,57,981

Silver 999

WeightRate
1 g₹195.05
10 g₹1,951
100 g₹19,505
1 kg₹1,95,053

Gold rate in Chennai, what to know before you buy or sell

To find the metal price of one sovereign, multiply the per-gram rate by 8; making charges and GST are added on top. Tamil Nadu weddings, Pongal, Akshaya Tritiya and Diwali are the main buying seasons, and 22K temple jewellery is a favourite for brides. Many Chennai jewellers also run monthly gold savings schemes. If you consider one, read the terms in writing: which rate is used when you redeem, whether making charges are waived, and what happens if you stop paying.

Silver rate in Chennai

Silver in Chennai is a gift for new babies, such as kolusu anklets, and is also bought as lamps and puja articles. The rate is shown per gram and per kilogram. Look for the purity mark, and ask whether the item is solid silver or only silver-plated.

Sell gold or silver in Chennai with GoldCash

Request a callback and the GoldCash team will explain how testing and valuation work and which service option is nearest to you. The value is based on purity, weight and the day's rate, and the working is shown before you agree.

Frequently asked questions

What is the gold rate in Chennai today?

The cards at the top show the live price per gram and per 8 g sovereign for 24K, 22K and 18K gold, with the time of the last update.

How do I work out the price of one sovereign?

Multiply the per-gram rate by 8 for the metal. The jewellery bill then adds making charges and GST, so the final amount is higher than the metal value alone.

Is 22K the same as 916 gold?

Yes. Both mean 91.6% pure gold, which is the standard for most jewellery in Tamil Nadu. The 916 mark is how many jewellers state the purity.

What should I check in a jeweller's monthly gold scheme?

Check which rate applies when you redeem, whether making charges are waived, how long the scheme runs, and what happens if you miss or stop payments. Ask for the terms in writing.

Can I sell old temple jewellery in Chennai?

Yes. It is valued by purity and net gold weight at the day's rate. Stones, enamel and other fittings are normally not counted as gold, so the value can be lower than the piece's total weight suggests.

Gold and silver rate in other places