Gold Rates In Chennai & Madurai - April 20: Check Today's Latest Price In Tamil Nadu

Gold prices in Tamil Nadu opened on a firm note on Monday, with rates in Chennai and Madurai reflecting sustained strength amid global cues and steady domestic demand.

As of 10:05 AM on April 20, 2026, 24-carat gold is priced at ₹15,334 per gram, taking the cost of 10 grams to ₹1,53,340. The rate for 22-carat gold-widely preferred for jewellery-stands at ₹14,056 per gram, or ₹1,40,562 per 10 grams. The steady pricing indicates a cautious but stable market, with jewellers reporting consistent footfall despite elevated levels.

Silver, too, is trading at elevated levels, with 999 fine silver priced at ₹253 per gram and ₹2,53,100 per kilogram, signalling continued investor interest in precious metals.

While benchmark rates provide a broad picture, prices at leading jewellery retailers in Chennai show slight variations, largely due to making charges, premiums, and local demand factors.

At GRT Jewellers and Vummidi Bangaru Jewellers, 24-carat gold is being sold at ₹15,590 per gram, while 22-carat gold is priced at ₹14,280. Silver is retailing at around ₹280 per gram in these stores.

Meanwhile, Lalitha Jewellery is offering 22-carat gold at ₹14,235 per gram, slightly lower than some competitors, making it an attractive option for retail buyers. On the other hand, Saravana Stores Elite Jewellery has priced 22-carat gold at ₹13,980 per gram, positioning itself as one of the more competitive sellers in the market today.

Premium outlets such as Jeyachandran Gold House and Swarna Maligai are quoting slightly higher rates, with 22-carat gold hovering around ₹14,300 per gram, reflecting brand positioning and customer trust factors.

The variation in prices across jewellers highlights the importance of comparing rates before making purchases, especially during periods of high volatility.

Market analysts point out that gold continues to draw support from global uncertainties and currency fluctuations, while domestic demand remains resilient due to the ongoing wedding season. Investors are also turning to gold as a hedge, keeping prices buoyant despite intermittent corrections.

For buyers in Chennai and Madurai, today's rates suggest a stable yet elevated market. While prices are not at peak highs, they remain significantly above last year's levels, prompting cautious buying. Jewellery purchases are continuing, but largely driven by necessity rather than speculative investment.

With global trends still uncertain, all eyes remain on how gold prices move in the coming days. For now, the yellow metal continues to hold its shine-both as an investment and a cultural staple in Tamil Nadu.