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Chennai Gold Rate Today: Gold Prices Rise Again on May 7 Morning

Posted on: 07/May/2026 9:45:53 AM - No. of views : (2565)

Gold prices in Chennai continued to rise on the morning of May 7, 2026, following yesterday’s upward movement in the bullion market. The steady increase in gold rates has once again drawn the attention of jewellery buyers and investors across Tamil Nadu.

According to the latest morning market update, the price of 22-carat gold increased by ₹50 per gram and is now being sold at ₹14,150 per gram in Chennai. Yesterday evening, the rate stood at ₹14,100 per gram, indicating a continued upward trend in the gold market.

Likewise, 18-carat gold prices also moved higher by ₹40 per gram. The latest rate for 18Kt gold is ₹11,810 per gram, compared to yesterday’s price of ₹11,770 per gram.

Meanwhile, silver prices remained unchanged in today’s morning session. Silver continues to be sold at ₹275 per gram in Chennai’s bullion market.

Today’s Gold and Silver Rates in Chennai – May 7, 2026 (Morning)

22Kt Gold: ₹14,150 per gram (+₹50)
18Kt Gold: ₹11,810 per gram (+₹40)
Silver: ₹275 per gram (No Change)

Market experts state that gold prices are continuing to fluctuate due to international economic conditions, global investment demand, inflation concerns, and currency market movements. Traders expect volatility in precious metal prices to continue in the coming days.

Jewellery buyers and investors are closely monitoring daily rate changes as gold continues its steady climb in the Chennai market.