Chennai Gold Silver Price On March 20: Is It Cheaper Or Costlier Today?

Gold prices in Chennai continue to reflect both international market movements and domestic demand. As of today, 24 karat gold, which is considered the purest form, is priced at ₹14,850 per gram. For larger quantities, this translates to ₹148,500 for 10 grams and ₹1,485,000 for 100 grams, while a full kilogram stands at ₹14,850,000. The price per ounce is ₹420,990, and per tola is ₹173,208.

For jewellery buyers, 22 karat gold is more commonly used due to its durability. The current rate for 22 karat gold is ₹13,613 per gram, with 10 grams costing ₹136,125. At higher weights, 100 grams is valued at ₹1,361,250 and one kilogram at ₹13,612,500. Meanwhile, the ounce price is ₹385,908 and the tola rate is ₹158,774.

Lower purity gold categories are also available for different needs and budgets. For instance, 20 karat gold is priced at ₹12,375 per gram, while 18 karat gold stands at ₹11,138 per gram. Further down, 16 karat gold is available at ₹9,900 per gram, 14 karat at ₹8,663, 12 karat at ₹7,425, and 10 karat at ₹6,188 per gram. These variations allow buyers flexibility depending on usage, whether for investment, ornamentation, or industrial purposes.

Turning to silver, prices in Tamil Nadu, including Chennai, have also been updated as of the same time. Silver 999 fine, which represents the highest purity, is currently priced at ₹238 per gram. For bulk purchases, 10 grams cost ₹2,382, 100 grams ₹23,817, and one kilogram ₹238,170. The ounce rate is ₹6,752, and the tola price stands at ₹2,778.

Sterling silver (925), widely used in jewellery and decorative items, is slightly lower in price at ₹220 per gram. This equates to ₹2,203 for 10 grams and ₹22,031 for 100 grams, with a kilogram costing ₹220,307. The ounce and tola rates are ₹6,246 and ₹2,570 respectively.

Other silver variants include 900 coin silver at ₹214 per gram and 800 German silver at ₹191 per gram. These are often used in coins, utensils, and traditional artefacts, offering more affordable options while maintaining reasonable quality.

Overall, both gold and silver prices in Chennai remain dynamic, influenced by global economic trends, currency fluctuations, and local demand. Buyers and investors are advised to monitor daily updates closely before making any significant purchases.