Gold Gets Cheaper Today! 24K Gold Price Falls by Rs 1,100 per 100gm; Check Latest 22K & 18K Rates in Chennai

Today in Chennai, the gold price slipped on Monday to Rs 10,151 per gram, down Rs 11 from yesterday's Rs 10,162. After a significant jump of Rs 109 on August 23, the market has seen a mild correction over the past two days, indicating a small cooldown in gold rates.

Chennai Gold Rate Today: Check Latest 24 Karat, 22 Karat and 18 Karat Gold Prices Today

24 Karat Gold Rate in Chennai Today

Today, 24 karat gold, which is the purest form of gold, is priced at Rs 10,151 per gram in Chennai, reflecting a slight dip of Rs 11 compared to yesterday's rate of Rs 10,162. For those looking to buy in larger quantities, 8 grams are now available at Rs 81,208, down Rs 88 from the previous day.

Similarly, 10 grams cost Rs 1,01,510, a decrease of Rs 110, while 100 grams are priced at Rs 10,15,100, showing a significant drop of Rs 1,100. This small decline in prices comes after a recent surge, indicating that the market is currently taking a breather, offering buyers a slight advantage in timing their purchase of 24 karat gold.

Today's 22 Karat Gold Rate in Chennai

Moving on to 22 karat gold, which is widely popular due to its balance of purity and durability, the price today stands at Rs 9,305 per gram, slipping Rs 10 from yesterday's Rs 9,315. For bulk buyers, 8 grams are priced at Rs 74,440, down Rs 80, and 10 grams come to Rs 93,050, reflecting a decrease of Rs 100.

Larger purchases of 100 grams are available at Rs 9,30,500, showing a drop of Rs 1,000 from the previous day. This gentle fall in 22 karat gold prices suggests a slight cooling off in the market, which could be an opportunity for customers looking for a more affordable yet high-quality gold option.

18 Karat Gold Rate on August 27 in Chennai

For those who prefer 18 karat gold, which is known for its durability and slightly lower purity, today's rate is Rs 7,700 per gram, a small decrease of Rs 5 from yesterday's Rs 7,705. Bulk rates have followed this downward trend as well 8 grams cost Rs 61,600, down Rs 40; 10 grams are priced at Rs 77,000, down Rs 50 and 100 grams come to Rs 7,70,000, a drop of Rs 500.

This modest decline in 18 karat gold prices is in line with the overall market trend, making it a favorable moment for buyers who want to invest in durable gold without paying premium rates.