Gold Rate in Chennai Today, August 3, 2026: 24K and 22K Gold Edge Higher; 18K Gold Slips Slightly

Chennai, August 3: Gold prices in Chennai inched up on Monday, with 24K and 22K gold registering modest gains after remaining largely unchanged over the weekend. The move adds to last week’s recovery, although prices are still below the levels seen towards the end of July.

According to the latest retail rates, 24K gold is priced at ₹14,460 per gram, up ₹38 from the previous session. 22K gold has climbed to ₹13,255 per gram, gaining ₹35, while 18K gold slipped by ₹1 to ₹11,034 per gram.

Gold Rate in Chennai Today

Gold Extends Its Recovery

The latest increase suggests that gold is gradually regaining ground after the sharp decline witnessed last week. Prices have been moving in small increments over the past few sessions rather than seeing the kind of sharp swings that marked the end of July.

One interesting detail, however, is that the gains weren’t uniform. While 24K and 22K gold moved higher, 18K gold eased by a rupee per gram, reflecting slight differences in retail pricing across purity levels.

Those looking to invest in gold without purchasing physical jewellery can also consider Gold ETFs, which track domestic gold prices. Learn more here: https://hdfcsky.com/etf/gold-etf

Today’s Gold Price in Chennai

The above rates are indicative. GST, TCS and making charges are charged separately.

Estimated Cost of 10 Grams of 22K Gold Jewellery

For jewellery buyers, the gold rate is only one part of the final bill. Making charges and GST are added before the final price is calculated.

Actual charges vary from one jeweller to another.

Gold Price Trend Over the Last 10 Days

The last few sessions paint a mixed picture. After a sharp correction around July 28, gold gradually recovered through the end of the month. Today’s increase continues that trend, though prices are still short of the highs seen a week ago.

What Moves Gold Prices?

Gold prices react to a range of global and domestic factors, including international bullion prices, movements in the rupee against the US dollar, interest-rate expectations, inflation trends and geopolitical developments. Any shift in these factors can influence prices on a daily basis.

Conclusion

Gold prices in Chennai started the week on a firmer note, with 24K gold rising by ₹38 per gram and 22K gold gaining ₹35 per gram. Although 18K gold slipped marginally, the overall tone remains positive as higher-purity gold continues to recover from last week’s correction. Investors and jewellery buyers will now keep an eye on global bullion prices for the next cue.

Source:

• Goodreturns | Gold prices updated for August 3, 2026.