
Gold Rate Today in Chennai (30 Oct '26)



Today's Gold Rate in Chennai
The gold rate today in Chennai (October 30, 2026) is ₹14,356 per gram for 24-carat gold, ₹13,159 per gram for 22-carat gold, and ₹10,767 per gram for 18-carat gold. For 10 grams, 24-carat gold costs ₹1,43,558.
Jewellery prices are usually higher than these rates because jewellers add 3% GST, making charges and their own markup.
If you want to buy gold without jewellery markup, you can use Gold Vault by Dhan. You buy 999 purity gold at live MCX rates with zero markup, it is stored safely in an insured vault, and you get it delivered to your home whenever you want. You can check the delivery cost for your location using our Gold Vault shipping rate calculator.
Today's Gold Rate in Chennai for 18K, 22K & 24K
Gold Rate Trend in Chennai
Gold Rate Calculator
Current Gold Price (24K)
per gram · as on 30 Oct '26
₹14,356
Gold Quantity (grams)
Making Charges (%)
GST
3% on base price + 5% on making charges

Total price of 10 grams of 24K gold in Chennai
₹1,62,938
Incl. making charges & GST
Base price (10 gms × ₹14,356)
₹1,43,558
Making charges (10%)
₹14,356
GST
₹5,025
Prices are indicative and based on today's 24K gold rate in Chennai. Actual price may vary by jeweller.
Last 10 Days Gold Rate in Delhi
Last 6 Months Gold Rate in Chennai
Sorry, No Monthly Data Available for Chennai at this Moment!
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Things to Know About Gold Market in Chennai
- Global influences
- LBMA facilitates global gold price discovery and publishes internationally accepted benchmarks.
- The changes in the Federal Reserve policy that would influence dollar strength and investor sentiment
- Geopolitical uncertainties that drive safe-haven demand
- Global trends in inflation that affect the valuation of these precious metals.
- Currency exchange dynamics, especially movements of USD vs INR.
- International gold price - USD/ounce
- Chennai & Tamil Nadu–specific factors
- Tamil wedding season results in significant demand spikes, particularly in the Tamil month of Chithirai, corresponding to April- May, and Margazhi, corresponding to December -January
- Festival buying during Akshaya Tritiya, Pongal, Deepavali, and Navaratri
- Temple Jewellery orders for classical dancers and religious purposes.
- Demand originating in neighbouring states and flowing through the established market in Chennai.
- International spot gold price
- The USD–INR exchange rate
- Customs duty and cess
- Local bullion premiums
- Bullion dealers
- Jewellers
- Banks and Authorised dealers
- Making charges vary according to different jewellers
- 3% GST on the value of Gold
- 5% GST on making charges
- Hallmarking fees
- Operating margins of retailers
- Base Gold GST: 3% (calculated on pure gold value)
- Making charges GST: 5% on the value of craftsmanship/labour charges
- Customs Duty: 6% - already included in base gold pricing
- Making Charges: variable, according to the intricacy of design required
- BIS Hallmarking: ₹ 45 per jewellery piece, ₹ 200 minimum for batch processing
- Short-Term (less than 24 months holding): Added to annual income, and then taxed according to each individual's income tax bracket
- Long-Term (24+ months holding): Flat rate of 12.5% plus applicable cess and surcharge
- Strong preference for 22K gold jewellery.
- Bulk buying for weddings and temple donations.
- Family-led purchases.
- Lower preference for lightweight or fashionable jewellery.
- Increased acceptance of gold coins and digital gold by younger investors.
- Complex making-charge calculations
- Confusion between gross weight and net gold weight
- Claims of verbal purity among small stores
- Buy-back deductions are not disclosed upfront
- Insist on BIS Hallmark and HUID
- Ask for a complete GST invoice
- State making charges separately
- Understand exchange and resale deductions
- Extremely High Jewellery Demand
- Heavier ornament styles
- Higher labour involvement
- Strong regional buying sentiment
- Akshaya Tritiya
- Pongal
- Tamil New Year (Puthandu)
- Deepavali
- Dhanteras
- Navaratri Season
- Pushya Nakshatra
- Tamil month of Margazhi
- Tamil month Chithirai
- Consumer Protection Act, 2019
- BIS Act
- Legal Metrology Act
- Consumer Disputes Redressal Commissions
- BIS grievance portal
- Associations of local jewellers
FAQs
- Quality Verification
- Price Research
- Making Charges Assessment
- Documentation
- Jewellers Identification
- Purpose alignment
- Timing Strategy
- 24K Gold: ₹NaN per gram
- 22K Gold: ₹0 per gram
- 18K Gold: ₹0 per gram
- Open a Demat account online (If New to Dhan)
- Add funds to your account
- Pick your Gold investment option
- Gold ETFs (like Mirae Gold ETF,DSP Gold ETF etc.)
- Gold Mutual Funds (like UTI Gold Fund, ABSL Gold Fund, etc.)
- Gold Futures / Options (like Gold Option Chain)
- Place your order
- 3% GST on the value of gold.
- An additional 5% GST on the making charges.
- Short Term Capital Gains (STCG): If you sell physical gold within 24 months of purchasing it, then it gets added to your total income, which is subsequently liable for taxes as per your income tax slab rates.
- Long Term Capital Gains (LTCG): If sold off after 24 months, it is liable for tax at a flat rate of 12.5% (with cess and Surcharge).

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