TotalMarketMarkets · Startups · IPOs · Tech · Global Market status
Sensex73,709.69-0.19%
Nifty 5022,811.35-0.34%
India VIX—+6%
USD/INR94.56+0.4%
MCX Gold₹1,45,972-0.37%
MCX Silver₹2,09,207-1.08%
Brent$110.4+1.47%
Spot gold$4,118-0.2%
Dow52,495.88+1.02%
DXY101.71-0.26%
As ofClose, Wed 21 Oct

Gold rate today in Chennai

22K and 24K gold price in Chennai per gram and per 10 grams, with how to work out your jewellery bill.

24K in Chennai · 10 g₹1,48,612
22K in Chennai · 10 g₹1,36,128
22K per gram₹13,613
Silver · 1 kg (national)₹2,08,750

City rates from Asianet Newsable, 21 Oct 2026, 8:17 am IST. Silver is the IBJA national benchmark for Mon 19 Oct 2026.

How Chennai compares: the 24K shop rate here is ₹2,668 above the national benchmark of ₹1,45,944. That gap is normal: it covers the local association's margin and costs. It is not GST, which is added on top at the counter.

Try it: what is my gold worth?

Enter the weight and purity. The calculator uses today's benchmark rate, so it shows the metal value only, before GST and making charges.

Value—

Class in 3 minutes: how to read a gold rate

  1. Know the purity. 24 karat (also written 999) is 99.9% pure gold. It is used for coins and bars. Jewellery is usually 22 karat (916), which is 91.6% gold mixed with other metals so it is strong enough to wear. 18 karat (750) is 75% gold and is common in diamond jewellery. Less gold means a lower price per gram.
  2. Know the unit. Rates are quoted per 10 grams for gold and per kilogram for silver. Divide by 10 to get the price of one gram of gold.
  3. Know what is included. The benchmark rate from IBJA, the jewellers' association, does not include GST or making charges. That is why the shop price is always higher than the number on this page.
  4. Know why cities differ. Local jewellers' associations add their own margins and transport and local costs, so Chennai, Mumbai and Delhi can differ by a few hundred rupees.
Worked example: what will a 10 g 22K chain cost?
22K rate per gram (today's benchmark ÷ 10)₹13,613
Gold value for 10 g₹1,36,128
Making charges (say 12%; shops charge 8–25%)₹16,335
GST at 3% on gold + making₹4,574
Bill you should expect₹1,57,037

Making charges are the part you can negotiate. Ask the shop to show them as a separate line on the bill, and check the BIS hallmark (HUID number) for purity.

Questions people ask

What is the gold rate in Chennai today?

Shops in Chennai were quoted at ₹1,48,612 for 24K and ₹1,36,128 for 22K per 10 grams (21 Oct 2026, 8:17 am IST, Asianet Newsable).

Why is the Chennai gold rate different from the national rate?

The Chennai shop rate was ₹2,668 above the IBJA benchmark. Local jewellers' associations set city rates and include their own costs and margins.

Does the Chennai rate include GST?

No. Add 3% GST and the shop's making charges to estimate your bill.

Gold rate in other cities

Delhi · Mumbai · Kolkata · Bengaluru · Hyderabad · All India rate

Rates are for information only. TotalMarket does not recommend buying or selling gold or silver.