Chennai, May 2:
Gold prices in Chennai rose on May 2, 2026, marking an upward movement in both 24-carat and 22-carat categories compared to the previous session.
The increase comes amid steady domestic demand and mixed global cues in bullion markets.
According to market data, 24K gold is priced at around ₹15,180–₹15,380 per gram, while 22K gold is trading near ₹13,900–₹14,100 per gram in Chennai, reflecting a mild but clear upward shift in rates.
Analysts note that the rise is driven by global market fluctuations, including movements in the US dollar, interest rate expectations, and safe-haven demand. International gold prices have also shown consolidation with occasional rebounds, adding to price volatility in domestic markets.
Overall, the latest uptick indicates continued sensitivity in gold rates, with investors and buyers closely tracking global economic signals and festive-season demand patterns in India.