Chennai Gold Prices Surge by ₹65 Per Gram on August 8

Chennai's gold market saw a surge on Saturday, August 8, 2026, as both 22K and 18K gold prices rose by ₹65 per gram. According to the Madras Jewellers & Diamond Traders Association (MJDTA), the morning rates showed 22K gold priced at ₹13,965 per gram, up from ₹13,900 previously. The 18K gold price also increased, reaching ₹11,780 per gram, a ₹65 rise from the previous session.

The silver rate in Chennai remained unchanged at ₹250 per gram, with no increase or decrease compared to the previous trading session. Gold prices are influenced by various factors, including international bullion prices, currency movements, global economic conditions, central bank policies, and domestic demand. It's essential for jewellery buyers and investors to check the latest rates before making purchasing or investment decisions.

Jewellery buyers should be aware that market prices can fluctuate throughout the day, so it's crucial to verify the current rate before making a purchase. The MJDTA releases morning rates, but these may not reflect the actual prices at other times of the day.