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Gold Rates in Chennai

Gold Rates Chennai

Chennai - Chennai which was called madras and the capital city of Tamilnadu. There is a lot of attachment between gold and Tamilians. The demand for gold in Chennai will always high. Due to which Gold rates in Chennai, change twice every day and individuals should check the price in the city before buying gold.

Gold/ Silver prices in other cities

22 Karats Gold Rates in Chennai Today (14 Nov 2018)

Gram 22 Carat Gold Today Price Change compared to yesterday
1 gram ₹ 2,979.50 ₹ 1.70
8 gram ₹ 23,836.00 ₹ 13.60
10 gram ₹ 29,795.00 ₹ 17.00
100gram ₹ 297,950.00 ₹ 170.00

 

24 karats Gold Rates in Chennai Today (14 Nov 2018)

Gram 24 Carat Gold Today Price Change compared to yesterday
1 gram ₹ 3,121.50 ₹ 2.80
8 gram ₹ 24,972.00 ₹ 22.40
10 gram ₹ 31,215.00 ₹ 28.00
100gram ₹ 312,150.00 ₹ 280.00

 

22 Karats Gold Rates in Chennai Yesterday (13 Nov 2018)

Gram 22 Carat Gold Today Price Change compared to yesterday
1 gram ₹ 2,985.60 ₹ 17.40
8 gram ₹ 23,884.80 ₹ 139.20
10 gram ₹ 29,856.00 ₹ 174.00
100gram ₹ 298,560.00 ₹ 1,740.00

24 karats Gold Rates in Chennai Yesterday (13 Nov 2018)

Gram 24 Carat Gold Today Price Change compared to yesterday
1 gram ₹ 3,124.30 ₹ 5.90
8 gram ₹ 24,994.40 ₹ 47.20
10 gram ₹ 31,243.00 ₹ 59.00
100gram ₹ 312,430.00 ₹ 590.00

Gold Rates in Chennai for last 7 days

Date 22 karats 24 karats
13 Nov 18 ₹ 29,812.00 ₹ 31,243.00
12 Nov 18 ₹ 29,856.00 ₹ 31,302.00
9 Nov 18 ₹ 30,030.00 ₹ 32,115.00
8 Nov 18 ₹ 30,213.00 ₹ 32,201.00
6 Nov 18 ₹ 30,283.00 ₹ 32,246.00
5 Nov 18 ₹ 30,396.00 ₹ 32,302.00
2 Nov 18 ₹ 30,386.00 ₹ 31,682.00

 

How to determine hallmarked gold rate today in Chennai? 

The first thing to understand is there is no difference between hallmarked gold and normal gold both are same. But hallmarked gold means tested one and normal gold means which isn't tested. There will be no price difference both costs the same.
 
Here are few differences between Hallmarked gold and normal gold.
 
No need to be afraid of getting less karat gold if you are buying a hallmark gold as it is assured by the government of India that the gold you are buying is as pure as it is mentioned. Whereas this guarantee you will not get on Normal Gold.
 
Buying Hallmarked gold is the hassle-free method. whereas if you are planning to essay it after buying you need to find an essaying center in the market which is not so easy. As there are very few essaying centers in the market.
 
Most of the famous jewelers sell only hallmarked jewelry in Chennai so it is better to go for hallmarked than the normal gold.
 
Hallmark assures the quality of the precious metal you are buying. As you will be spending a lot of money on it. It is better to go for the hallmarked as there will be no extra charges on it. 
 

Markings on Gold Jewellery in Chennai

Marking on gold jewelry means there will be various kinds of jewelry not as per the model. As per the purity so there is something called marking for it is done. In this hallmarking, there is specific marking called karats marking. not only karats there will other markings as well which we will discuss. But first you need to check for is karats and the karats are explained below.
Firstly we will take the highest marking over it which is called 24 karats marking. The marking is hard to find on gold jewelry but you can find it on gold biscuits or bars. As the gold jewelry will be mostly alloyed. This indicates that the gold is in its purest form. The price of this gold will be as per 24 karats gold rates in Chennai on that day.

This is the most famous one. 22 karats gold marking on gold jewelry in Chennai. This jewelry is also called as 916 gold jewelry. In this gold other metals such as copper or silver is allowed to make the jewelry hard and fashionable. Before buying better check 22 karats gold rates in Chennai.

Then comes the 18 karats marking. This symbol explains that the gold you are buying is of 18 karats. This gold jewelry will be cheaper when compared to 22 karats gold jewelry.

 
There are not enough hallmarking centers in India. So the government is trying to increase the number of assaying centers so that the town and village jewelers easily essay this precious metal.