Gold Prices Fall in Chennai Today: 22-Carat Gold Drops by Rs 640 per Sovereign

Gold prices in Chennai have declined today, October 20, 2026, bringing relief to jewellery buyers. The price of 22-carat gold has fallen by Rs 640 per sovereign, while silver prices remain unchanged, according to the reported market update.

Chennai Gold Rate Today

On Tuesday, the price of 22-carat gold has decreased by Rs 640 per sovereign (8 grams), bringing the rate down to Rs 1,07,920. The price per gram has also declined by Rs 80 to Rs 13,490.

Gold and Silver Prices

22-carat gold (1 gram): Rs 13,490 (Down Rs 80)

22-carat gold (1 sovereign / 8 grams): Rs 1,07,920 (Down Rs 640)

Silver (1 gram): Rs 240 (No change)

Gold Prices Decline in Chennai

Gold prices have been fluctuating in recent days. Today`s decline may offer some relief to people planning to purchase gold jewellery for weddings and other occasions.

Jewellery buyers are advised to check the latest rates with their local jewellers before making a purchase, as the final price may vary due to making charges, GST and other applicable costs.