Today’s Gold Rate in Chennai
| Gold Weight | 22 Carat Gold | 24 Carat Gold |
| 1 gram | ₹9,822 | ₹10,714 |
| 10 gram | ₹98,226 | ₹1,07,146 |
| 100 gram | ₹9,82,260 | ₹10,71,460 |
10 gram Gold Rate in Chennai – 4th September, 2025
| Date | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today | ||
| Gold Price | Change % | Gold Price | Change % | |
| September 4 | ₹98,226 | 0.82% | ₹1,07,146 | 0.83% |
| September 3 | ₹97,426 | 0.21% | ₹1,06,266 | 0.20% |
| September 2 | ₹97,226 | 0.90% | ₹1,06,056 | 0.90% |
| September 1 | ₹96,356 | 0.01% | ₹1,05,106 | 0.01% |
Why is Gold demand high in Chennai?
First and foremost, owing to uncertainty in economic conditions, and a Steady market fall, people are moved towards gold and believe it a “Store of value”.
Aside from that, other reasons like inflation, war, and global demand foster gold to be in demand nowadays.
What is the Tax Calculation on the Gold price in Chennai?
Mostly, tax calculation on gold price in India is similar, but the gold rate tax calculation in Chennai is below the line.
- A 3% GST is calculated on the gold rate in Chennai, including 1.5% CGST and 1.5% SGST.
- Making charges of 5% is also considered, wherein 1.5% of CGST and 1.5% of SGST respectively.
- 10% is custom duty which is reduced compared to prior.
Why is Investing in Gold a Good Choice?
- Chennai is home to gold and also has substantial gold traders such as Tanishq, Kalyan Jewellers, and Sri Kumaran Thangamaligai.
- In Chennai, gold investment is Beneficial for individuals because they can easily take a gold loan and receive a maximum amount of cash when they sell it.
- In Chennai, the gold price is almost the same as in other countries, but this city celebrates a large number of festivals, weddings, and other reasons for gold investment.
- Also, gold has Intense demand and it fosters a gold price spike in Chennai, and also gold is a tangible asset, therefore it’s hard to lose value, resulting in it being considered a long-term investment.
- Chennai has a significant number of temples, and gold is often used in religious practices, too many people have spiritual beliefs, and they donate a large quantity of gold to the temple.
- It does not have only importance as assets but it also looks captivating on one. Especially in Chennai, various experts have skills and expertise regarding gold making and let it look shiny and expensive.
Today’s Gold Rate in Chennai FAQs:
What is the Gold Price in Chennai Today?
As of September 4, the Gold Price in Chennai today is ₹1,07,146 for 24k and ₹98,226 for 22k.
How to check today’s Gold rate in Chennai?
To check Today’s Gold rate in Chennai, IPO Watch is one of the leading platforms in terms of providing the latest gold rates in Chennai.
Why does the Gold price keep changing in Chennai?
There are varied factors that influence gold prices to keep changing, such as the interest rates of developed countries and local demand for gold. In addition, local events and festivals in Chennai led to gold price spiking.
What are the tax charges for purchasing Gold in Chennai?
In Chennai, buying gold jewelry involves a 3% tax on the gold’s value and a 5% making charge under GST.
How to check Gold purity in Chennai?
There are various ways to check gold purity. First and foremost, one could go to a reputed jeweler’s shop. Further, you can check the hallmark on gold jewelry and use a gold testing kit for gold purity.
