Gold Prices Fall Sharply in Chennai Today - 22K Gold Drops by ₹210 per Gram on June 24, 2026

Gold prices in Chennai recorded a sharp decline on Wednesday, June 24, 2026, offering a welcome opportunity for jewellery buyers and investors. According to the latest rates released by the Madras Jewellers and Diamond Traders Association (MJDTA), both gold and silver prices have fallen significantly compared to the previous trading session.

The price of 22-carat gold has dropped by ₹210 per gram and is now being sold at ₹13,350 per gram. Likewise, the rate of 18-carat gold has declined by ₹170 per gram, taking the price to ₹11,170 per gram.

Silver prices have also witnessed a notable correction. The price of silver has fallen by ₹10 per gram and is currently trading at ₹240 per gram in Chennai.

Chennai Gold & Silver Rates Today (June 24, 2026)

22K Gold Rate: ₹13,350 per gram (↓ ₹210)

18K Gold Rate: ₹11,170 per gram (↓ ₹170)

Silver Rate: ₹240 per gram (↓ ₹10)

The latest fall in precious metal prices comes amid fluctuations in the domestic and international bullion markets. The decline may encourage jewellery purchases, especially among consumers planning investments or upcoming wedding-related purchases.

Market experts suggest that gold prices will continue to react to global economic indicators, currency movements, inflation data, and international demand trends. Investors are advised to monitor market developments closely before making major investment decisions.

With gold rates witnessing a significant correction today, buyers may find this an attractive opportunity to purchase gold at comparatively lower prices.