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Latest Gold Prices in Chennai (June 22, 2025)
According to GoodReturns:
| Karat Type | Price per Gram | Change (vs. Yesterday) |
|---|---|---|
| 24K | ₹10,140 | +₹212 |
| 22K | ₹9,295 | +₹195 |
| 18K | ₹7,650 | +₹170 |
These prices include local making charges but exclude GST and TCS.
City-Wise Comparison: Chennai vs. Other Metro Cities
Mint reports (as of June 22, 2025):
- Chennai: ₹1,01,140 per 10 gm (24K)
- Mumbai: ₹1,00,000
- Delhi: ₹99,450
- Bengaluru: ₹99,120
- Hyderabad: ₹99,210
The Chennai rate is among the highest nationally, reflecting solid demand and stability.
Weekly & Monthly Price Trends
According to BankBazaar:
- From June 1–8, the 24K gold rate in Chennai rose from ₹9,731 to a high of ₹9,960.
- Since early June, the gold price has stayed strong, with slight daily fluctuations.
Why Chennai Gold Rates Are Trending
- Global factors: Cooling U.S. inflation and geopolitical uncertainty typically drive gold demand
- Local demand: Chennai’s strong retail and jewelry sector (esp. in T-Nagar) helps maintain higher local pricing
Tips for Buyers in Chennai
- Track daily prices: Compare rates from multiple local jewelers – GoodReturns and Mint are great resources.
- Consider timing: Avoid peak festive/ritual demand periods; prices often surge then.
- Negotiate making charges: These can add ₹200–₹500 per gram.
- Account for taxes: Expect GST (3%) plus any TCS; include these when budgeting.
- Verify purity: Buy from hallmarked, reputable stores—Chennai has many, especially around T-Nagar.
Bottom Line
- Today’s gold rate in Chennai (June 22, 2025):
- 24K: ₹10,140/gm
- 22K: ₹9,295/gm
- 18K: ₹7,650/gm
- Prices are currently robust, reflecting both global economic factors and local demand trends.
- Before making any gold purchase, always compare rates, confirm purity, and account for taxes and making charges.