Chennai Gold Prices Hold Steady on August 7, 2026
The Madras Jewellers & Diamond Traders Association (MJDTA) has released the latest morning rates for gold and silver in Chennai, and both precious metals have remained unchanged on Friday, August 7, 2026. The 22-carat gold rate continues to trade at ₹13,750 per gram, while the 18-carat gold price remains stable at ₹11,565 per gram.
The silver rate in Chennai is also unchanged at ₹250 per gram, maintaining the level reached in the previous session. This pause in the recent upward trend may be due to investors and jewellery buyers awaiting fresh cues from international bullion prices, US dollar movements, and global economic developments.
Investors are advised to monitor daily price movements, as gold rates continue to be influenced by global market conditions, central bank policies, and domestic demand. The latest update suggests that the precious metals market is holding steady, with no significant changes in prices.