Chennai Gold Rate Today, October 23, 2026: 22K Gold Falls by ₹175 Per Gram

Gold prices in Chennai have declined today, October 23, 2026, according to the latest MJDTA rate update. The price of 22-carat gold has decreased by ₹175 per gram, while 18-carat and 14-carat gold prices have also recorded significant drops. Silver prices remain unchanged at ₹225 per gram.

Chennai Gold and Silver Rate Today

According to the latest MJDTA rates:

22-carat gold (1 gram): ₹13,060 (Down ₹175)

22-carat gold (1 sovereign / 8 grams): ₹1,04,480 (Down ₹1,400)

18-carat gold (1 gram): ₹10,690 (Down ₹145)

14-carat gold (1 gram): ₹8,550 (Down ₹100)

Silver (1 gram): ₹225 (No change)

Gold Prices Decline in Chennai

The latest gold price reduction may provide some relief to jewellery buyers planning purchases for weddings, festivals and other special occasions. The decline has affected all three gold purity categories listed in the MJDTA update.

Meanwhile, silver prices remain steady at ₹225 per gram, according to the displayed rates.

Customers are advised to check the latest prices with local jewellery shops before making a purchase. The final jewellery cost may vary depending on making charges, GST and other applicable charges.