Gold prices in Chennai witnessed a sharp decline on Wednesday, November 11, 2026. According to the latest Madras Jewellers and Diamond Traders Association (MJDTA) update, the price of 22-carat gold decreased by ₹195 per gram to ₹13,015.
Similarly, 18-carat gold fell by ₹160 per gram to ₹10,650, while 14-carat gold declined by ₹155 to ₹8,550 per gram. Silver prices also decreased by ₹5 per gram and are currently priced at ₹200.
Chennai Gold and Silver Rates Today – November 11, 2026
According to the latest MJDTA update, the gold and silver prices in Chennai are:
22-Carat Gold (1 Gram): ₹13,015 -₹195
18-Carat Gold (1 Gram): ₹10,650 -₹160
14-Carat Gold (1 Gram): ₹8,550 -₹155
Silver (1 Gram): ₹200 -₹5
22-Carat Gold Price Today in Chennai
The price of 22-carat gold decreased by ₹195 per gram on Wednesday, reaching ₹13,015 compared with the previous rate of ₹13,210.
Following this decline, the price of one sovereign (8 grams) of 22-carat gold has fallen to ₹1,04,120 from ₹1,05,680.
This represents a significant decrease of ₹1,560 per sovereign.
18-Carat and 14-Carat Gold Prices Today
The 18-carat gold rate declined by ₹160 per gram and is currently priced at ₹10,650, compared with the previous rate of ₹10,810.
Similarly, the 14-carat gold rate decreased by ₹155 per gram to ₹8,550 from the previous price of ₹8,705.
Silver Rate Today in Chennai
Silver prices also recorded a decline on Wednesday, November 11, 2026.
According to the latest MJDTA update, silver is priced at ₹200 per gram in Chennai, down by ₹5 from the previous rate of ₹205.
The price of one kilogram of silver currently stands at ₹2,00,000.
What Should Gold Buyers Know?
Customers planning to purchase gold jewellery in Chennai should check the latest gold rates with local jewellers before making a purchase.
The final jewellery price may vary depending on making charges, GST and other applicable costs. Buyers should also compare prices and verify gold purity before purchasing jewellery.