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Chennai Gold Rate Today: 22K Price Drops by ₹130, Silver Falls ₹5

Posted on: 28/Apr/2026 9:47:04 AM - No. of views : (1598)

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