Today’s Gold Rate in Chennai
| Gold Weight | 22 Carat Gold | 24 Carat Gold |
| 1 gram | ₹9,092 | ₹9,917 |
| 10 gram | ₹90,926 | ₹99,176 |
| 100 gram | ₹9,09,260 | ₹9,91,760 |
| 1 Kilogram | ₹90,92,600 | ₹99,17,600 |
10 gram Gold Rate in Chennai – 12th July, 2025
| Date | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today | ||
| Gold Price | Change % | Gold Price | Change % | |
| Jul 12, 2025 | ₹90,926 | 0.61% | ₹99,176 | 0.61% |
| Jul 11, 2025 | ₹90,376 | 0.24% | ₹98,576 | 0.24% |
| Jul 10, 2025 | ₹90,156 | -0.68% | ₹98,336 | -0.69% |
| Jul 9, 2025 | ₹90,776 | 0.58% | ₹99,016 | 0.58% |
| Jul 8, 2025 | ₹90,256 | -0.55% | ₹98,446 | -0.55% |
| Jul 7, 2025 | ₹90,756 | -0.01% | ₹98,986 | -0.01% |
| Jul 6, 2025 | ₹90,766 | 0.12% | ₹98,996 | 0.11% |
| Jul 5, 2025 | ₹90,656 | -0.62% | ₹98,886 | -0.62% |
| Jul 4, 2025 | ₹91,226 | 0.44% | ₹99,506 | 0.44% |
| Jul 3, 2025 | ₹90,826 | 0.50% | ₹99,066 | 0.50% |
| Jul 2, 2025 | ₹90,376 | 1.20% | ₹98,576 | 1.19% |
| Jul 1, 2025 | ₹89,306 | -0.17% | ₹97,416 | -0.16% |
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
July
12,
the
Gold
Price
in
Chennai
today
is
₹99,176
for
24k
and
₹90,926
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.
