Chennai Gold Rate Today, November 12, 2026: 22-Carat Gold Drops by ₹200 Per Gram

Gold prices in Chennai recorded a sharp decline on Thursday, November 12, 2026. According to the latest update from the Madras Jewellers and Diamond Traders Association (MJDTA), the price of 22-carat gold fell by ₹200 per gram to ₹12,815.

Similarly, 18-carat gold decreased by ₹160 per gram to ₹10,490, while 14-carat gold dropped by ₹150 to ₹8,400 per gram. Meanwhile, silver prices remained unchanged at ₹200 per gram.

Chennai Gold and Silver Rates Today – November 12, 2026

According to the latest MJDTA update, the gold and silver rates in Chennai are as follows:

22-Carat Gold (1 Gram): ₹12,815 (-₹200)

18-Carat Gold (1 Gram): ₹10,490 (-₹160)

14-Carat Gold (1 Gram): ₹8,400 (-₹150)

Silver (1 Gram): ₹200 (No Change)

22-Carat Gold Price Today in Chennai

The 22-carat gold rate decreased by ₹200 per gram on Thursday, bringing the latest price to ₹12,815, compared with the previous rate of ₹13,015.

Following this decline, the price of one sovereign (8 grams) of 22-carat gold has fallen to ₹1,02,520 from ₹1,04,120. This represents a total reduction of ₹1,600 per sovereign.

18-Carat and 14-Carat Gold Rates Today

The 18-carat gold price in Chennai declined by ₹160 per gram, falling from ₹10,650 to ₹10,490.

Similarly, the 14-carat gold rate dropped by ₹150 per gram, decreasing from ₹8,550 to ₹8,400.

Silver Rate Today in Chennai

Unlike gold, silver prices remained unchanged on Thursday, November 12, 2026.

According to the latest MJDTA update, silver is priced at ₹200 per gram in Chennai, with no change from the previous rate of ₹200.

The price of one kilogram of silver currently stands at ₹2,00,000.

What Should Gold Buyers Know?

Customers planning to purchase gold jewellery in Chennai should check the latest gold rates with local jewellers before making a purchase.

The final jewellery price may vary depending on making charges, GST and other applicable costs. Buyers should also compare prices and verify gold purity before purchasing jewellery.