Chennai Gold Prices Plummet ₹155 Per Gram on July 28

Gold prices in Chennai declined on July 28, 2026, according to the Madras Jewellers & Diamond Traders Association (MJDTA). The price of 22-carat gold fell by ₹155 per gram to ₹13,215 per gram, down from ₹13,370 per gram the previous day. This decline follows a ₹70 increase in gold prices on July 27.

18-carat gold also declined by ₹155 to ₹11,030 per gram, compared to ₹11,185 per gram on July 27. Meanwhile, silver prices fell by ₹5 to ₹235 per gram, down from ₹240 per gram the previous day.

The prices of precious metals regularly fluctuate based on various market trends and factors, including domestic and international bullion markets, US dollar movements, inflation expectations, interest rate decisions, geopolitical developments, and investor demand. As a result, jewellery buyers and investors are advised to check the latest gold and silver rates before making purchase or investment decisions.