Gold Rate in Chennai Today, August 11, 2026: 24K Gold Largely Steady at ₹15,217 Per Gram

Chennai, August 11: Gold prices in Chennai remained largely steady on Tuesday, with all three major purity categories seeing a marginal ₹1 per gram decline.

The 24K gold rate is ₹15,217 per gram, down ₹1 from the previous session. 22K gold is priced at ₹13,949 per gram, also lower by ₹1, while 18K gold stands at ₹11,764 per gram, down ₹1.

The move is small, especially compared with the sharp swings seen earlier this month. Gold is now trading just ₹18 below its recent August high of ₹15,235 per gram.

Chennai Gold Rate Today

Gold Prices Pause After Strong Start to August

Gold has had a fairly active run in Chennai since the beginning of August.

The 24K rate started the month at ₹14,461 per gram and initially moved lower before picking up sharply. Prices crossed ₹15,000 on August 6 and reached ₹15,235 per gram on August 8, which remains the highest level in the available 10-day data.

Since then, the market has cooled slightly. Gold slipped ₹17 on August 10 and another ₹1 today. Even so, the broader move from the start of August remains positive.

At ₹15,217 per gram, 24K gold is still ₹756 higher than its August 1 level.

Gold Price in Chennai Per Gram

The above gold rates are indicative and do not include GST, TCS and other levies. For the exact rates, contact your local jeweller.

What Would 10 Grams of 22K Jewellery Cost Today?

The displayed gold rate isn’t the final amount on a jewellery bill. Making charges and GST are added when you buy jewellery.

Using today’s 22K gold rate of ₹13,949 per gram, 10 grams of gold would have a base value of ₹1,39,490. Assuming 12% making charges and 3% GST, the estimated cost comes to:

The final amount can vary depending on the jeweller, design, wastage and applicable making charges.

Gold Price Trend in Chennai: Last 10 Days

The recent trend makes one thing clear: the biggest move came in the middle of last week. Between August 4 and August 8, 24K gold jumped from ₹14,400 to ₹15,235 per gram.

The last two sessions have been quieter, with prices giving back a small part of that rally.

Gold’s August Performance So Far

Gold remains more than 5% above its August 1 level, despite the small declines seen over the past two sessions.

For buyers, the current rate is close to the month’s peak, so the next few sessions will be worth watching to see whether prices regain the recent high or continue to cool off.

Invest in Gold ETF on HDFC Sky

For investors who want to invest in gold but don’t want to handle the storage or purity issues, Gold Exchange Traded Funds (ETFs) offer a simple way to get involved. These funds usually hold gold that is about 99.5% pure, which makes it trustworthy for investors. To start investing in Gold ETFs, you need a demat and trading account, which is already used by many people who trade in stocks. On HDFC Sky investors can buy ETFs quickly and easily.

Explore Gold ETFs: https://hdfcsky.com/etf/gold-etf

Why Do Gold Prices Change Every Day?

Gold rates don’t move only because of local jewellery demand. International gold prices, the rupee-dollar exchange rate, interest-rate expectations, inflation, central-bank buying and global geopolitical developments can all influence domestic prices.

That is why even a relatively quiet day can still bring a change in the retail gold rate.

Conclusion

Gold prices in Chennai edged lower on August 11, with 24K gold falling ₹1 to ₹15,217 per gram, while 22K and 18K gold also slipped by ₹1 per gram.

The decline is marginal, but it follows a stronger correction over the previous two sessions. Despite this, gold remains 5.23% higher than its August 1 level and is still close to the month’s high of ₹15,235 per gram.

For now, the market appears to be taking a breather after last week’s sharp rally. Whether prices make another move towards the recent high or settle at lower levels will depend on how the broader bullion market moves in the coming sessions.

Source:

• https://www.goodreturns.in/gold-rates/chennai.html