Chennai Gold Rate Today: 22K Gold Falls to ₹14,160, Silver Drops to ₹270
Gold prices in Chennai have witnessed a slight decline today (April 23, 2026), bringing some relief to buyers and investors tracking the market closely.
As per the latest update, the price of 22-carat gold has decreased by ₹90 per gram. The current rate stands at ₹14,160 per gram, while the price for one sovereign (8 grams) is ₹1,13,280.
For 24-carat pure gold, the rate is ₹15,447 per gram, and ₹1,23,576 per 8 grams, reflecting a marginal drop compared to the previous day.
Silver Price Today
Silver prices have also followed a downward trend. The current rate is ₹270 per gram, marking a decrease of ₹5. Accordingly, 1 kilogram of silver is priced at ₹2,70,000.
Market Insight
The dip in gold and silver prices is attributed to ongoing fluctuations in global markets and changing investor sentiment. Experts suggest that minor corrections like this are common and may create buying opportunities, especially ahead of the upcoming wedding and festive season.
With prices slightly easing, jewellers and traders expect a gradual increase in demand from consumers looking to make purchases at relatively lower rates.
