Gold prices in Chennai moved higher on Monday, January 13, tracking firm global bullion trends as safe-haven demand remained strong amid global uncertainty.
As per the latest rates, 24K gold in Chennai is priced at Rs 14,368 per gram, while 22K gold stands at Rs 13,170 per gram. 18K gold is currently quoted at Rs 10,980 per gram, making Chennai one of the costlier markets for gold compared with several other Indian cities.
Gold rates today in Chennai (January 13, 2026)
- 24K gold (1 gram): Rs 14,368
- 22K gold (1 gram): Rs 13,170
- 18K gold (1 gram): Rs 10,980
Gold price by quantity in Chennai
For buyers tracking higher quantities, 10 grams of 24K gold costs Rs 1,43,680, while 100 grams is priced at Rs 14,36,800.
Similarly, 10 grams of 22K gold is available at Rs 1,31,700, and 100 grams costs Rs 13,17,000.
For 18K gold, 10 grams is priced at Rs 1,09,800, while 100 grams costs Rs 10,98,000.
Why gold prices are higher in Chennai
Gold prices in Chennai are typically slightly higher than in cities like Mumbai or Delhi due to strong local demand, transportation costs, and regional market premiums. The current rise also reflects global gold prices hitting record levels above $4,600 per ounce, driven by safe-haven buying.
What drives gold prices in Chennai?
Gold prices in Chennai are influenced by international bullion prices, movements in the US dollar, import duties, local demand conditions, and taxes. Any sharp movement in global markets usually translates quickly into domestic price changes.
FAQs
Why is gold more expensive in Chennai compared to other cities?
Chennai often sees higher gold prices due to strong jewellery demand, logistical costs, and regional premiums charged by jewellers.
Do these gold prices include GST and making charges?
No, the listed gold rates are indicative. GST, TCS, and jewellery making charges are added at the time of purchase.
Which gold purity is best for buying jewellery in Chennai?
22K gold is most commonly used for jewellery, while 24K gold is preferred for investment purposes.
Can gold prices change during the day?
Yes, gold prices can fluctuate multiple times a day based on global market movements.
Disclaimer: Gold prices mentioned above are indicative and may vary across jewellers in Chennai. Always confirm final rates before making a purchase.