Chennai Gold Rate Today (July 3, 2026): Gold Prices Surge ₹150, Silver Rises ₹5 Per Gram

Gold prices in Chennai witnessed a sharp increase on Friday, July 3, 2026, bringing the rates to their highest level in recent days. Both 22-carat and 18-carat gold prices recorded significant gains in the local bullion market, while silver prices also moved higher.

According to the latest market rates, 22-carat gold is being sold at ₹13,700 per gram, registering an increase of ₹150 per gram compared to the previous day`s price. Likewise, 18-carat gold is now priced at ₹11,440 per gram, up by ₹140 per gram.

Silver prices also witnessed an upward trend. One gram of silver is now priced at ₹260, reflecting an increase of ₹5 per gram over the previous session.

Chennai Gold & Silver Rates Today (July 3, 2026)

22K Gold: ₹13,700 per gram (↑ ₹150)

18K Gold: ₹11,440 per gram (↑ ₹140)

Silver: ₹260 per gram (↑ ₹5)

The rise in gold prices is primarily attributed to stronger international bullion prices, fluctuations in the US dollar, global economic uncertainties, and increased demand for safe-haven investments. Domestic gold prices are revised daily based on global market movements and currency exchange rates, resulting in fluctuations in local jewellery markets.

Jewellery retailers in Chennai expect steady customer interest despite the price hike, especially with the upcoming festive and wedding season. However, buyers planning to purchase gold jewellery are advised to check the latest rates before making their purchases, as prices may continue to fluctuate based on international market trends.

Investors are also keeping a close watch on global economic developments, central bank policies, and geopolitical events, all of which play a key role in determining future gold and silver prices. Market experts believe that bullion prices may remain volatile in the coming days depending on international economic indicators and investor sentiment.