Gold prices declined sharply in the latest evening update released by the Madras Jewellers & Diamond Traders Association (MJDTA).
According to the latest rates, both 22K and 18K gold prices fell by ₹210 per gram, while silver declined by ₹5 per gram.
Chennai Gold and Silver Rate Today
22K Gold: ₹14,175 per gram - (↓ ₹210)
18K Gold: ₹11,945 per gram - (↓ ₹210)
Silver: ₹250 per gram - (↓ ₹5)
22K Gold Price in Chennai
The 22K gold rate is ₹14,175 per gram. Based on this rate, 8 grams (one sovereign) costs ₹1,13,400, excluding GST, making charges and other jewellery costs.