Gold Rate in Chennai Today, August 17, 2026: 24K Gold Rises to ₹15,566 Per Gram

Chennai, Aug 17: Gold prices in Chennai moved higher on Monday, with all three major purity categories recording gains. According to the latest rates shown, 24-karat gold is priced at ₹15,566 per gram, up ₹53 from the previous session. 

22-karat gold is trading at ₹14,270 per gram, higher by ₹50, while 18-karat gold stands at ₹12,050 per gram, up ₹50. 

The latest rise comes after gold prices remained relatively firm through the middle of August, despite some day-to-day fluctuations. Gold rates can vary across cities because of local demand, taxes, transportation costs and jeweller pricing. (The Times of India) 

Chennai Gold Rates Today 

Gold Prices Rise in Chennai 

The latest session has pushed Chennai gold prices to their highest level in the 10-day data shown in the supplied rate table. 24K gold increased from ₹15,513 on August 16 to ₹15,566 on August 17, while 22K gold moved from ₹14,220 to ₹14,270. 

The recent trend has been mixed. Gold prices declined on August 14 before recovering on August 15 and then holding steady on August 16. Monday’s sharp increase has strengthened the upward momentum. 

Investors looking for alternatives to physical gold can also check the list of gold ETF in India. 

Today Gold Price Per Gram in Chennai 

Estimated Cost of Buying 10 Grams of 22K Gold 

For a 10-gram 22K gold purchase, the calculator shown uses a 12% making charge and 3% GST. Based on the displayed rates, the estimated cost is: 

This is an indicative calculation. The final jewellery bill may vary depending on the jeweller, design, wastage, making charges and applicable taxes. 

Gold Rate in Chennai for Last 10 Days 

Chennai Gold Price Trend 

The 10-day data shows that 24K gold has climbed from ₹15,235 per gram on August 8 to ₹15,566 on August 17, an increase of ₹331 per gram over the period. The lowest 24K rate in the displayed period was ₹15,218 on August 10. 

For 22K gold, the rate moved from ₹13,965 per gram on August 8 to ₹14,270 on August 17, gaining ₹305 per gram over the same period. The lowest displayed 22K rate was ₹13,950 on August 10. 

The strongest single-day move in the table came on August 11, when 24K gold rose ₹219 per gram and 22K gold gained ₹200. 

What Drives Gold Prices in Chennai? 

Gold prices in Chennai are influenced by international bullion prices, movements in the Indian rupee against the US dollar, import-related costs, domestic demand and local jewellery-market conditions. Retail jewellery prices can also differ from headline bullion rates because of making charges and taxes. (The Times of India) 

Conclusion 

Gold prices in Chennai moved sharply higher on August 17, with 24K gold reaching ₹15,566 per gram and 22K gold touching ₹14,270 per gram. The latest increase follows a period of fluctuations and puts both major purity categories at their highest levels in the 10-day data provided. 

For jewellery buyers, the headline gold rate is only one part of the final purchase price. Making charges, GST and other applicable costs can significantly increase the final bill, making it important to compare the complete jewellery price before buying.  

Source

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