Chennai Gold Rate Today (August 5, 2026): Gold Prices Rise for the Second Time in a Day; 22K Gold Reaches ₹13,480 Per Gram

Gold prices in Chennai witnessed a second increase on the same day on Wednesday, August 5, 2026, pushing rates to fresh highs by the afternoon. After a sharp rise in the morning session, both 22-carat (22K) and 18-carat (18K) gold prices increased by another ₹120 per gram, taking the total gain for the day to ₹280 per gram.

The 22K gold price has climbed from ₹13,360 to ₹13,480 per gram during the afternoon update. Compared to yesterday`s closing price of ₹13,200, the yellow metal has gained ₹280 per gram in a single day.

Similarly, the 18K gold rate increased from ₹11,175 to ₹11,295 per gram, recording an additional ₹120 rise in the afternoon and a total daily increase of ₹280 per gram.

Meanwhile, silver prices remained unchanged during the afternoon update. After gaining ₹5 per gram in the morning session, silver continues to trade at ₹240 per gram.

Chennai Gold and Silver Rates Today - August 5, 2026 (Afternoon)

- 22K Gold (1 Gram): ₹13,480 (▲ ₹280)

- 24K Gold (1 Gram): ₹14,705 (▲ ₹308)

- 18K Gold (1 Gram): ₹11,295 (▲ ₹280)

- Silver (1 Gram): ₹240 (▲ ₹05)

Gold Extends Rally in Afternoon Trade

Today`s afternoon revision marks the second increase in gold prices on the same day. Gold had already gained ₹160 per gram during the morning session, and the latest ₹120 increase has pushed the total single-day rise to ₹280 per gram, making it one of the strongest daily gains in recent weeks.

Market experts attribute the continued rally to firm global gold prices, sustained investor demand for safe-haven assets, and domestic market sentiment, while silver remained steady after its morning advance.