Gold Rate in Chennai Today, July 23, 2026

Chennai, July 23: Gold prices in Chennai inched higher on Wednesday, extending gains after Tuesday’s sharp rally. Twenty-four karat gold rose by ₹1 per gram to ₹14,652, while 22-karat gold increased by ₹1 to ₹13,431 per gram. The 18-karat rate also moved up by ₹1 to ₹11,246 per gram.

Gold prices in Chennai were nearly flat on Wednesday, with retail rates posting only a marginal increase from the previous session. Although today’s move was limited, prices remain comfortably above levels seen earlier this month after a strong rally over the past week.

As of July 23, 24-karat gold is priced at ₹14,652 per gram, 22-karat gold at ₹13,431 per gram, and 18-karat gold at ₹11,246 per gram.

Today’s increase was modest compared with the previous trading session, when 24K gold surged by ₹229 per gram and 22K gold gained ₹210. That rally marked the biggest single-day increase over the last 10 days, lifting prices to their highest levels during the period.

Looking at the broader trend, gold has steadily appreciated in Chennai since mid-July. 24K gold has climbed from ₹14,346 per gram on July 14 to ₹14,652 on July 23, while 22K gold has risen from ₹13,150 to ₹13,431 per gram. Apart from a brief pullback on July 17, prices have largely moved in an upward direction.

For consumers planning jewellery purchases, 10 grams of 24K gold is priced at ₹1,46,520, while the equivalent quantity of 22K gold costs ₹1,34,310 before making charges and taxes are added.

Chennai Gold Rate Today

Gold Price in Chennai Per Gram

How Much Would 10 Grams of 22K Gold Jewellery Cost Today?

At today’s retail rate, the gold value of 10 grams of 22K gold is ₹1,34,310.

If a jeweller charges 12% making charges, the cost works out as follows:

The actual amount may differ depending on the jewellery design, making charges and other applicable levies charged by the retailer.

Gold Rate in Chennai: Last 10-Day Trend

How Have Gold Prices Performed Over the Last 10 Days?

Gold has remained firm in Chennai over the past 10 days despite a few sessions of minor corrections. Prices dipped briefly on July 17 before recovering over the following sessions. The sharp jump on July 22 proved to be the turning point, with prices reaching fresh highs before stabilising on July 23.

The overall trend suggests that gold has maintained positive momentum during the second half of July, even though daily movements have varied in size.

Why Do Gold Prices Change Every Day?

Retail gold prices are revised every day to reflect movements in the bullion market. Changes in international gold prices, domestic demand, import costs, the rupee’s exchange rate and local taxes all influence the rates quoted by jewellers. As these factors change regularly, gold prices can move higher, lower or remain unchanged from one day to the next.

Conclusion

Gold prices in Chennai were little changed on July 23, with 24K gold at ₹14,652 per gram and 22K gold at ₹13,431 per gram after a marginal ₹1 increase. While today’s movement was subdued, prices remain on a firm footing after last week’s gains. Those planning to buy jewellery should keep in mind that the final purchase price will depend not only on the day’s gold rate but also on making charges, GST and other levies applied by individual jewellers.

Source:

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