Gold Rate in Chennai Today, July 17, 2026: 24K Gold Slips to ₹14,291 Per Gram
Authored By HDFC SKY | Published at: Jul 17, 2026 11:36 AM IST
Chennai, July 17: Gold prices in Chennai edged lower on Friday, July 17, with rates declining across all major purity categories. According to the latest market data, 24K gold is priced at ₹14,291 per gram, down ₹55 from the previous session. 22K gold declined ₹50 to ₹13,100 per gram, while 18K gold also fell ₹50 to ₹10,920 per gram.
The decline comes after gold prices remained elevated over the past week. Domestic bullion rates continue to track international gold prices, movements in the US dollar, changes in the rupee exchange rate and expectations surrounding global interest rate decisions.
Gold Rate in Chennai Today
| Gold Purity | Price per Gram | Daily Change |
| 24K Gold | ₹14,291 | -₹55 |
| 22K Gold | ₹13,100 | -₹50 |
| 18K Gold | ₹10,920 | -₹50 |
Gold Prices Ease After Recent Volatility
Gold prices have witnessed mixed movement over the past several sessions. After touching ₹14,378 per gram on July 15, prices have softened, with today’s decline extending the correction seen on July 16. Even after the pullback, bullion continues to trade near historically high levels.
Investors looking for exposure to gold without purchasing physical jewellery can check the list of gold ETF in India.
Today Gold Price Per Gram in Chennai (INR)
| Weight | 24K Gold | 22K Gold | 18K Gold |
| 1 gram | ₹14,291 | ₹13,100 | ₹10,920 |
| 8 grams | ₹1,14,328 | ₹1,04,800 | ₹87,360 |
| 10 grams | ₹1,42,910 | ₹1,31,000 | ₹1,09,200 |
| 100 grams | ₹14,29,100 | ₹13,10,000 | ₹10,92,000 |
Estimated Cost of Buying 10 Grams of 22K Gold
Based on the prevailing market rate, the estimated cost of purchasing 10 grams of 22K gold with 12% making charges and 3% GST is shown below.
| Component | Amount |
| Base Gold Value | ₹1,31,000 |
| Making Charges (12%) | ₹15,720 |
| GST (3%) | ₹4,402 |
| Estimated Total Cost | ₹1,51,122 |
Actual billing may vary depending on the jeweller’s making charges and other applicable levies.
Gold Rate in Chennai: Last 10 Days (1 Gram)
| Date | 24K Gold | 22K Gold |
| Jul 17, 2026 | ₹14,291 (-₹55) | ₹13,100 (-₹50) |
| Jul 16, 2026 | ₹14,346 (-₹32) | ₹13,150 (-₹30) |
| Jul 15, 2026 | ₹14,378 (+₹32) | ₹13,180 (+₹30) |
| Jul 14, 2026 | ₹14,346 (-₹54) | ₹13,150 (-₹50) |
| Jul 13, 2026 | ₹14,400 (-₹109) | ₹13,200 (-₹100) |
| Jul 12, 2026 | ₹14,509 (₹0) | ₹13,300 (₹0) |
| Jul 11, 2026 | ₹14,509 (-₹55) | ₹13,300 (-₹50) |
| Jul 10, 2026 | ₹14,564 (+₹33) | ₹13,350 (+₹30) |
| Jul 09, 2026 | ₹14,531 (+₹76) | ₹13,320 (+₹70) |
| Jul 08, 2026 | ₹14,455 (-₹163) | ₹13,250 (-₹150) |
What Drives Gold Prices in Chennai?
Gold prices in Chennai change every day based on a combination of global and domestic factors, including:
- International spot gold prices.
- US dollar movement and Treasury yields.
- Interest rate outlook from major central banks.
- Rupee versus US dollar exchange rate.
- Local jewellery demand during festivals and weddings.
- Import duties, GST and other government levies.
These factors influence the retail gold rates quoted by jewellers across the city.
Conclusion
Gold prices in Chennai declined on July 17, with 24K gold falling by ₹55 per gram and 22K gold slipping by ₹50 per gram. Although prices have corrected over the past two sessions, they remain close to record highs. Buyers and investors are likely to continue tracking global bullion trends, currency movements and monetary policy signals for the next direction in gold prices.
- https://www.goodreturns.in/gold-rates/chennai.html
Disclaimer
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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
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