Gold prices in Chennai have witnessed a slight decline today (April 28, 2026), continuing the trend of daily fluctuations in the bullion market.
As per the latest update, 22-carat gold has decreased by ₹130 per gram, bringing the price to ₹14,100 per gram. The cost of one sovereign (8 grams) now stands at ₹1,12,800.
24 Carat Gold Price in Chennai
1 gram (24K gold): ₹15,382
8 grams (24K gold): ₹1,23,056
Pure gold prices have also shown a minor drop compared to previous rates.
Silver Price Today
Silver prices have also declined slightly:
1 gram: ₹265 (↓ ₹5)
1 kg: ₹2,65,000
Market Analysis
Today’s dip reflects a short-term correction in gold and silver prices. The market continues to remain volatile due to:
- Changes in global gold prices
- Inflation and currency fluctuations
- Investor sentiment
- Local demand in jewellery markets