Gold prices in Chennai moved higher on Monday, February 9, tracking firm global cues and gains in domestic futures markets. The city continues to quote slightly higher gold rates compared with several other major metros.
As per the latest available data, 24-carat gold in Chennai is priced at Rs 15,982 per gram, while 22-carat gold stands at Rs 14,650 per gram. Meanwhile, 18-carat gold is trading at Rs 12,520 per gram.
On a higher quantity basis, 10 grams of 24K gold costs Rs 1,59,820, whereas 10 grams of 22K gold is priced at Rs 1,46,500. The elevated prices reflect a combination of stronger international gold prices, a stable rupee, and sustained physical demand in southern markets.
Gold prices across India have been supported by safe-haven buying globally amid geopolitical uncertainty and cautious investor sentiment ahead of key US economic data. Domestic prices have also mirrored gains in MCX gold futures during early trade.
Buyers in Chennai are advised to note that the quoted prices are indicative and do not include GST, TCS, or making charges, which vary across jewellers.