Chennai Gold Prices Soar to ₹1,55,280 Amid Market Volatility
Gold prices in Chennai have seen significant fluctuations over the past few months. In August 2026, gold rates rose to ₹1,55,280 per 10 grams on August 16th, with a highest rate of ₹1,55,280 for the month and a lowest rate of ₹1,44,140 on August 5th.
This is in contrast to July 2026, when gold prices fell, reaching a low of ₹1,42,670. The overall performance for August 2026 was rising, with an increase of ₹10,910 from the previous month's opening price.
The fluctuations in gold prices can be attributed to market volatility and changes in demand. As seen in the historical data for Chennai, May 2026 saw a rise in gold prices due to increased demand during the festival season.