Gold Prices Continue to Fall in Chennai Today (July 8)

Gold prices in Chennai extended their decline for the second consecutive day on Wednesday, July 8, 2026, offering further relief to jewellery buyers and investors. After yesterday`s sharp fall, gold prices slipped again across major purity categories in the city`s bullion market.

According to today`s market rates:

• 22-carat gold fell by ₹70 to ₹13,330 per gram.

• 18-carat gold declined by ₹50 to ₹11,150 per gram.

• Silver also witnessed a drop of ₹5, with the retail price now standing at ₹245 per gram.

Gold and Silver Rates in Chennai (July 8, 2026)

• 22-carat Gold: ₹13,330 per gram (↓ ₹70)

• 18-carat Gold: ₹11,150 per gram (↓ ₹50)

• Silver: ₹245 per gram (↓ ₹5)

On Tuesday (July 7), 22-carat gold had fallen by ₹160 per gram to ₹13,400, while 18-carat gold dropped by ₹100 to ₹11,200. Today`s decline marks another day of easing prices, making gold slightly more affordable for buyers. Market experts attribute the recent movement to fluctuations in international gold prices and changing global economic conditions.