Chennai Gold Rate Today - April 24: 22K Around ₹14020; Know Which Jewellery Shop Offers Gold At Cheaper Price

Chennai Gold Rates Today: Gold prices in Chennai on Friday showed a broadly steady trend across leading jewellery retailers, with minor variations reflecting local pricing strategies, making charges, and sourcing differences. The consistency in rates suggests a relatively stable bullion market, even as global cues continue to influence sentiment.

Gold Rates In Chennai Jewellery Shops

At GRT Jewellers, one of the city's most prominent retailers, 24-carat gold was priced at ₹15,306 per gram, while 22-carat gold stood at ₹14,020. Lower purities followed suit, with 18-carat at ₹11,479 and 14-carat at ₹8,929. Silver was quoted at ₹265 per gram, aligning with the prevailing market trend across most stores.

A similar pricing pattern was observed at Vummidi Bangaru Jewellers, where gold rates mirrored GRT's exactly across 24K, 22K, and 18K categories, reinforcing the uniformity in Chennai's retail gold market today. Silver, too, held steady at ₹265 per gram.

At Lalitha Jewellery, 22-carat gold was available at ₹14,020 per gram, while silver remained unchanged at ₹265. Meanwhile, Saravana Stores Elite Jewellery offered a marginally lower rate for 22-carat gold at ₹14,015 per gram, with 18-carat gold at ₹11,475, making it one of the slightly more competitive options for buyers.

However, some variation was evident at Jeyachandran Gold House, where prices were noticeably higher. Here, 24-carat gold was quoted at ₹15,382 per gram, and 22-carat at ₹14,100. The premium suggests either higher sourcing costs or added value in terms of craftsmanship and brand positioning. Silver remained consistent at ₹265 per gram.

On the higher end of the spectrum, Swarna Maligai listed 22-carat gold at ₹14,160 per gram and 18-carat at ₹11,810, marking one of the steeper quotes in the market today. Silver here was slightly elevated at ₹270 per gram.

In comparison, D.A.R Jewellery maintained competitive rates, with 22-carat gold at ₹14,020 and 18-carat at ₹11,479. Interestingly, silver prices varied significantly across purity levels, ranging from ₹223 to ₹248 per gram, depending on the grade.

Beyond Chennai, prices in neighbouring markets also offered perspective. At Kota Gold Jewellery, 24-carat gold was priced higher at ₹15,546 per gram, while 22-carat stood at ₹14,250. Silver here was quoted at ₹275 per gram, indicating a slight regional premium compared to Chennai.

According to broader market benchmarks, the average gold price in Chennai hovered around ₹15,212 per gram for 24-carat and ₹13,944 for 22-carat gold, suggesting that most retailers are pricing slightly above the base market rate, factoring in operational costs and margins.

Overall, today's gold prices in Chennai reflect stability with mild retailer-driven variations. For buyers, this means an opportunity to compare across stores to secure the best value, especially as wedding season demand and global economic signals continue to shape the trajectory of precious metal prices.