Chennai Gold Rate Today: 22K Gold Falls ₹85, Silver Drops ₹5 on August 19, 2026

Gold prices in Chennai recorded a decline on Wednesday morning, according to the latest Madras Jewellers & Diamond Traders Association (MJDTA) rates.

The 22-carat gold rate decreased by ₹85 per gram and is now priced at ₹14,205 per gram. The previous rate was ₹14,290 per gram.

The 18-carat gold rate also fell by ₹85 per gram, reaching ₹11,985 per gram, compared with the previous rate of ₹12,070.

Meanwhile, the silver rate in Chennai declined by ₹5 per gram and is currently priced at ₹250 per gram.

Chennai Gold and Silver Rates Today

22K Gold - 1 Gram: ₹14,205 (↓ ₹85)
18K Gold - 1 Gram: ₹11,985 (↓ ₹85)
Silver - 1 Gram: ₹250 (↓ ₹5)

22K Gold Rate Today in Chennai

The 22K gold price in Chennai fell by ₹85 per gram today. With the latest decline, one gram of 22-carat gold is priced at ₹14,205.

For customers planning to buy gold jewellery, it is important to remember that the final jewellery price will also depend on factors such as making charges, GST and other applicable charges.

18K Gold Price in Chennai Today

The 18K gold rate in Chennai also decreased by ₹85 per gram.

The latest rate stands at ₹11,985 per gram, down from ₹12,070 per gram previously.

18-carat gold contains a lower percentage of pure gold than 22-carat gold and is widely used for different types of jewellery.

Silver Rate Today in Chennai

The silver price in Chennai also moved lower today.

Silver is currently priced at ₹250 per gram, marking a ₹5 decline from the previous rate.

Silver prices can fluctuate based on international bullion trends, domestic demand, currency movements and investor sentiment.

Why Do Gold Prices Change in Chennai?

The gold rate in Chennai can change regularly because of several domestic and international factors. Key factors influencing gold prices include:

- International gold prices
- US dollar movements
- Interest rate expectations
- Inflation
- Global economic conditions
- Geopolitical developments
- Domestic demand
- Import costs
- Investor demand and sentiment

Because gold prices can change during the day, buyers should check the latest gold rate in Chennai before purchasing jewellery or investing in gold.