Gold Rate Today: The historic rally in gold prices hit a major speed bump as the gold rates saw a sharp decline on Tuesday, December 30. The price of 24-karat gold in Chennai and Hyderabad plunged by nearly Rs 45,800 per 100 grams in a single day. Silver prices also mirrored the downturn, slipping close to Rs 15,000 per kilogram during today's trade.
The sharp decline in Chennai and Hyderabad gold rates coincided with the profit booking by investors. The international gold rate today also declined by 4% on Monday. Back in Hyderabad and Chennai, the massive gold crash is likely to benefit gold jewellery buyers amid the ongoing wedding season.

Chennai Gold Rate Today
The price of 24 karat gold in Chennai declined by Rs 458 per gram to Rs 13,746 per gram on Tuesday, December 30. Which means that per 100 grams of 24 karat gold declined by Rs 45,800 to Rs 1,37,460. The rate of 22 karat gold in Chennai fell by Rs 420 per gram to Rs 12,600 per gram. Likewise, the rate of 18 karat gold in Chennai declined by Rs 10,505 per gram.
Hyderabad Gold Rate Today
The price of 24 karat gold in Hyderabad fell by Rs 305 per gram to Rs 13,620 per gram on Monday. Hence, per 100 grams of 24 karat gold in Hyderabad fell by Rs 30,500 to Rs 1,36,2000 on Monday. The rate of 22 karat gold in Hyderabad declined by Rs 280 per gram to Rs 12,485 per gram. The rate of 18 karat gold in Hyderabad crashed 251 per gram 10,193 per gram.
Chennai Silver Rate Today
The price of silver in CHennai declined by Rs 23 per gram to Rs 258 per gram and to Rs 2,58,000 per kilogram. The silver rate in Chennai has surged around 170% since the beginning of the year 2025.
Hyderabad Silver Rate today
Hyderabad silver rate today declined by Rs 23 per gram the 258 per gram, and to Rs 2,58,000 per kilogram. "The price of silver has risen and held above the ₹2 lakh mark as it touches new record highs as the year draws to a close. The pull has been on account of significant investment demand and anticipation with regard to its use for industry and renewables. While it may continue to remain volatile as the year draws to a close and portfolio adjustments are made, the fact that silver has maintained such high levels is a good indicator for the metal," Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures.
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