Today’s gold price in Chennai and Delhi – 2 August 2025
Chennai: Gold prices surge with demand
Gold prices rise in Chennai today:
24 carat (99.9%) gold is priced at ₹10,135 per gram.
22 carat (916 purity) gold is priced at ₹9,290 per gram.
Compared to the previous day, prices increased by ₹153 and ₹140 respectively.
24K for 10 grams costs around ₹101350 and 22K costs ₹92900
This steady growth reflects the continued demand in Chennai’s robust cultural market.
Delhi: Litt Prisfall
Gold prices fell marginally in Delhi today:
24 carat gold: ₹10,150 per gram, up ₹153 from yesterday.
22 carat gold: ₹9,305 per gram, up ₹140 from yesterday.
According to a detailed benchmark by the IBJA, 10 grams of 24-carat gold is ₹99,983 (less ₹210) and 22-carat gold is ₹91,663 (less ₹200) than yesterday.
Rates in Delhi are slightly higher than in Chennai, depending on the chungi fee, local taxes, and logistics costs
Why the difference? Factors Affecting Prices
Local taxes and logistics: State-level charges and transportation costs in Delhi add up, making Delhi gold more expensive than Chennai.
Currency Fluctuations and Global Markets: Fluctuations play a big role in international silver and gold futures trading.
Cultural demand: Chennai continues to witness good demand due to weddings and festivals, leading to a steady rise in prices.
What should buyers and investors do?
If you’re buying jewelry, consider waiting a day when interest rates drop—small savings on big purchases can come in handy.
For investment-worthy gold (coins, bars, sovereign gold bonds), today’s rates are still within the normal range.
Always choose hallmarked jewellery, and keep in mind the 3% GST and making charge.
Compare today’s rates between local jewelers and online portals before making big transactions.
Quick Summary Table
| City | 24K (₹/g) | Change | 22K (₹/g) | Change |
| Chennai | 10,135 | +153 | 9,290 | +140 |
| Delhi | 10,150 | +153 | 9,305 | +140 |
Summary:
Gold prices in Chennai are slightly lower than Delhi, however, both cities saw price increases today.
The difference is evident due to stable demand and the local tax framework.
Planning to buy? Keep an eye on day-to-day prices, compare vendors and aim for hallmark purity.
