Live Gold Rate · INR · India
Gold Rate Today in Chennai — Live Gold Price per Gram
Chennai is a gold town to its core — here people say "thangam" (தங்கம்) and shop by the sovereign, not the gram. A sovereign, called pavan locally, is 8 grams, and the big Tamil Nadu houses such as GRT, Lalitha and Joyalukkas publish a daily 22k sovereign rate that families track for weeks before a wedding or Akshaya Tritiya. Prices are in Indian Rupees (₹), and 22-karat (916) is the standard for the heavy temple-style jewellery the South is famous for.
The table below converts the live international spot price into ₹ at the current exchange rate and breaks it down per gram, per sovereign (8 g) and per karat, so you can sanity-check a Chennai jeweller before making charges and 3% GST are added. Because 916 hallmarking is now the norm, the 22k figure here is your metal baseline.
One local habit worth knowing: Chennai showrooms quote the sovereign rate first and the per-gram rate second, the reverse of North India, and buy-back schemes usually settle in sovereigns too, paying pure-gold value minus a deduction.
Gold Price by Karat in Chennai (INR)
Live metal value per gram and per tola, before making charges & tax.
| Karat | Purity | Per Gram | Per 10 g | Per Tola |
|---|---|---|---|---|
| 24K | 99.9% | ₹12,624.43 | ₹1,26,244.31 | ₹1,47,248.84 |
| 22K | 91.7% | ₹11,584.40 | ₹1,15,844.00 | ₹1,35,118.13 |
| 18K | 75.0% | ₹9,477.80 | ₹94,778.01 | ₹1,10,547.18 |
Gold Price by Weight Unit in Chennai
How much each common weight of gold costs at today's rate.
| Unit | Grams | 24k | 22k | 18k |
|---|---|---|---|---|
| 1 Gram | 1 | ₹12,624.43 | ₹11,584.40 | ₹9,477.80 |
| 8 Grams | 8 | ₹1,00,995.45 | ₹92,675.20 | ₹75,822.41 |
| 1 Tola(1 tola = 11.664 g) | 11.664 | ₹1,47,248.84 | ₹1,35,118.13 | ₹1,10,547.18 |
| 1 Troy Ounce | 31.103 | ₹3,92,663.70 | ₹3,60,315.13 | ₹2,94,792.57 |
| 1 Kilogram | 1,000 | ₹1,26,24,431.14 | ₹1,15,84,400.43 | ₹94,77,801.16 |
These rates reflect the India market for Chennai, converted from live international spot to INR. Local jewellers in Chennai may quote slightly different figures once making charges, hallmarking and taxes are added.
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Gold Price in Chennai — FAQ
What is the gold rate today in Chennai?
Today 24k gold is about ₹12,624.43 per gram and 22k gold about ₹11,584.40 per gram in Chennai, based on the live international spot price of $4,113.70 per troy ounce converted to INR.
What is the price of one tola of gold in Chennai?
One tola is 11.6638 grams, so 24k gold is about ₹1,47,248.84 and 22k about ₹1,35,118.13 at today's rate, before making charges.
What is the gold sovereign (pavan) rate today in Chennai?
A sovereign is 8 grams. Multiply the 22k per-gram rate in the table by 8 for today's Chennai sovereign value in rupees, before the jeweller adds making charges and GST.
Why does Chennai quote gold in sovereigns not grams?
Across Tamil Nadu and the South, gold jewellery is traditionally weighed and sold by the sovereign (8 g / pavan), so showrooms lead with the sovereign rate even though the per-gram price is the same underlying metal value.
Why does the local INR gold price differ from international spot?
International spot is quoted in US Dollars per troy ounce. To get the Chennai rate we convert it to INR at the live exchange rate and break it down per gram and per karat. Local retail prices then add import duties, taxes and jeweller making charges on top of this metal value.
Gold rates are derived from the live international spot price converted to INR and are indicative metal values for information only — not a jeweller quote or financial advice. Retail prices add duties, taxes and making charges.