Gold prices in Chennai witnessed a marginal decline today bringing slight relief to jewellery buyers in the city.
According to the latest market rates, 22-carat gold is being sold at ₹15,650 per gram, while 24-carat gold is priced at ₹17,073 per gram. The 18-carat variant stands at ₹13,400 per gram.
The minor fluctuation follows recent volatility in the bullion market, influenced by global price trends and currency movements. Traders note that international economic developments and investor sentiment continue to play a key role in determining local gold rates.
Jewellers advise customers to check live rates before making purchases, as prices may vary slightly depending on making charges and other applicable taxes.
With wedding season demand gradually picking up, market watchers expect gold prices to remain sensitive to global cues in the coming days.