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Chennai Gold & Silver Price On May 30: Know Which Jewellery Shop Offers Gold At Cheaper Price Today

Gold prices in Tamil Nadu remained largely stable on Saturday, with leading jewellery retailers across Chennai, Coimbatore and other cities quoting similar rates for 22-carat gold. The precious metal continues to trade at elevated levels despite the absence of major fluctuations in the domestic bullion market.

Chennai Gold Price Today

Most leading jewellers, including GRT Jewellers, Vummidi Bangaru Jewellers, Lalitha Jewellery, Saravana Stores Elite Jewellery and D.A.R Jewellery, have fixed the rate of 22-carat gold at ₹14,450 per gram. This translates to ₹1,44,500 for 10 grams, keeping gold near record-high levels and making jewellery purchases a significant investment for consumers.

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On Saturday, gold prices in Tamil Nadu remained stable, with 22-carat gold generally trading at ₹14,450/gram and 24-carat gold varying up to ₹15,927/gram across retailers like GRT Jewellers and Jeyachandran Gold House, while broader market data showed 22K gold at ₹14,390/gram.
Chennai Gold amp amp Silver Price On May 30 Check Rates At Leading Tamil Nadu Jewellery Shops Today

The 24-carat gold rate showed slight variations among retailers. GRT Jewellers quoted 24-carat gold at ₹14,450 per gram, while Vummidi Bangaru Jewellers priced it at ₹15,775 per gram. In Coimbatore, Kota Gold Jewellery listed 24-carat gold at ₹15,818 per gram. Jeyachandran Gold House reported the highest rate among the major retailers, quoting ₹15,927 per gram for 24-carat gold.

For customers looking at lightweight and designer jewellery collections, 18-carat gold continued to be a popular choice. GRT Jewellers, Vummidi Bangaru Jewellers, Saravana Stores Elite Jewellery and D.A.R Jewellery quoted 18-carat gold at ₹11,831 per gram. Jeyachandran Gold House priced the same purity at ₹11,945.45 per gram, while Swarna Maligai quoted a higher rate of ₹12,255 per gram.

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The rate of 14-carat gold, often preferred for contemporary jewellery and diamond-studded ornaments, was quoted at ₹9,202 per gram by GRT Jewellers. Market data for Tamil Nadu indicated the average 14-carat gold rate at around ₹9,157 per gram.

Silver prices also remained firm across the state. Most leading jewellery chains, including Vummidi Bangaru Jewellers, Lalitha Jewellery, Saravana Stores Elite Jewellery, Jeyachandran Gold House and Swarna Maligai, quoted silver at ₹290 per gram. Kota Gold Jewellery in Coimbatore listed silver at ₹285 per gram, while GRT Jewellers quoted ₹270 per gram.

Gold Rates At Tamil Nadu Jewellery Shops

Jewellery Shop Gold 24K (₹/g) Gold 22K (₹/g) Gold 18K (₹/g) Gold 14K (₹/g) Silver (₹/g)
GRT Jewellers 14,450 14,450 11,831 9,202 270
Vummidi Bangaru Jewellers 15,775 14,450 11,831 - 290
Lalitha Jewellery - 14,450 - - 290
Saravana Stores Elite Jewellery - 14,450 11,831 - 290
Jeyachandran Gold House 15,927 14,600 11,945.45 - 290
Swarna Maligai - 14,600 12,255 - 290
Kota Gold Jewellery (Coimbatore) 15,818 14,500 - - 285
D.A.R Jewellery - 14,450 11,831 - 245*

According to the latest bullion market data, 24-carat gold in Tamil Nadu was trading at ₹15,698 per gram, while 22-carat gold stood at ₹14,390 per gram. Bullion rates showed gold at ₹1,56,980 per 10 grams and silver at ₹2,68,080 per kilogram, indicating stability in the broader precious metals market.

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Gold Purity 1 Gram (₹) 10 Grams (₹)
24 Karat 15,698 156,980
22 Karat 14,390 143,898
20 Karat 13,082 130,817
18 Karat 11,774 117,735
16 Karat 10,465 104,653
14 Karat 9,157 91,572
12 Karat 7,849 78,490
10 Karat 6,541 65,408

Market analysts say gold prices continue to draw support from global economic uncertainties, central bank buying and sustained investment demand. The metal has also benefited from safe-haven buying amid geopolitical tensions and expectations surrounding interest-rate decisions by major central banks.

Category Highest Rate Lowest Rate
Gold 24K ₹15,927/g (Jeyachandran Gold House) ₹14,450/g (GRT Jewellers)
Gold 22K ₹14,600/g (Jeyachandran Gold House, Swarna Maligai) ₹14,450/g (Most major jewellers)
Gold 18K ₹12,255/g (Swarna Maligai) ₹11,831/g (GRT, Vummidi, Saravana, D.A.R)
Silver ₹290/g (Most major jewellers) ₹245/g (D.A.R Jewellery)

Jewellers expect consumer interest to remain steady in the coming weeks, particularly as families continue to make purchases for weddings, engagements and investment purposes. While elevated prices have prompted some buyers to opt for lighter jewellery designs, gold remains one of the most preferred avenues for long-term savings among Tamil Nadu households.

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