Chennai Gold Price Up ₹30 on August 3

Gold prices in Chennai increased on Monday, August 3, 2026, according to the Madras Jewellers & Diamond Traders Association (MJDTA). The price of 22-carat gold rose by ₹30 per gram from ₹13,220 to ₹13,250. Similarly, 18-carat gold also gained ₹30 per gram, increasing from ₹11,035 to ₹11,065.

The silver rate in Chennai remained steady at ₹235 per gram, showing no change from the previous trading session. The fluctuations in gold rates are influenced by various domestic and international market factors, including global bullion market trends, US dollar exchange rate movements, inflation and interest rate expectations, central bank monetary policies, geopolitical developments, and demand from jewellery buyers and investors.