Gold Rate Today Chennai: 24K/100 Grams Gold Retreats Rs 17,400

Gold rate today Chennai witnessed steep fall after US President announced tariff measures that increased likelihood of economic slowdown. 24k gold price today in Chennai stood at Rs 91,640/10 grams after decline of Rs 1,740 and 24k/100 grams gold rate slipped by Rs 17,400 on April 4, 2025. Meanwhile, 22k gold rate today slipped by Rs 1600 to Rs 84,000 and 22k/100 grams precious metal prices slid by Rs 16,000 to Rs 8,40,000 on Friday. On the other hand, Chennai gold price recorded fall of Rs 1,310 in 18k gold price today to Rs 68,730/10 grams and 18k/100 grams precious metal rates fell by Rs 13,100 to Rs 6,87,300.

Why Gold Prices Witnessed Sharp Fall Today?

According to Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities, “Gold witnessed profit booking with prices down by Rs 650 at Rs 89,450 in MCX, following the official announcement of tariff pricing. The move comes as the markets had already priced in the impact of reciprocal trade tariffs over the past few months, making profit-taking a natural outcome. With the tariff premium now largely discounted, further downside pressure may emerge as geopolitical tensions- especially from Russia-Ukraine and Middle East-remain relatively subdued. This easing of global uncertainty could lead to a softening a safe-haven demand. On the technical front, Comex gold faces strong resistance at the $3,120-$3,130 zone, while immediate support is seen around $3,050-$3055. A break below this could accelerate selling pressure in the near term.”

Gold Rate Today Chennai: 24K/100 Grams Gold Retreats By Rs 17,400

Spot Gold Prices Today

Spot gold fell 0.4% at $3,101.01 an ounce, as of 0710 GMT. Despite the fall, yellow metal is still on track for a fifth consecutive weekly gain amid rising safe-haven demand. Spot silver fell 1.5% to $31.4 an ounce, platinum edged lower by 0.8% to $944.80, and palladium remained unchanged at $928.33, according to Reuters.

22k Gold Price In Last 5-Days In Chennai (for 1 gram)

1 gram of 22k gold price in Chennai today declined sharply by Rs 160, surged by Rs 50 on April 3, stayed steady on April 2, zoomed by Rs 85 on April 1, and rallied by Rs 65 on March 31.

Silver Prices Today In Chennai

Silver prices in Chennai witnessed steep fall on April 4, 2025. 1 kg silver price today dived by Rs 4,000 to Rs 108,000. While, 100 grams silver prices declined by Rs 400 to retail at Rs 10,800.

Silver Prices In Last 5-Days In Chennai (1kg)

Silver prices today slipped by Rs 4000, fell by Rs 2000 on April 3, stayed unchanged on April 2, zoomed by Rs 1000 on April 1, and remained flat on March 31.

Where Gold Prices Are Cheapest In World On March 29, 2025?

22 carat per gram gold prices remain cheapest in England on April 4, 2025 at Rs 7,798. On the other hand, 22k per gram gold in Nepal on April 04 is selling for Rs 8,709, most expensive globally.

How Much Gold Prices Jumped In India Since January 1, 2025?

22K/10 grams gold prices were retailing at Rs 71,500 on January 1, 2025 in Chennai. Today, 22k/10 grams gold rate zoomed to Rs 84,000, reflecting a sharp gain of 17.48%.

1 Gram Gold Rate In Key Metro Cities And States Of India On April 4, 2025

City	22k Gold Price Per Gram
Mumbai Gold Price Today	22K gold price is Rs 8,400
Delhi Gold Rate Today	22K yellow metal price is Rs 8,415
Kolkata Gold Price Today	22 carat gold price is Rs 8,400
Bangalore Gold Price Today	22K gold rate is Rs 8,400
Hyderabad Gold Prices Today	22 carat gold rate is Rs 8,400
Kerala Gold Prices Today	22 carat gold rate is Rs 8,400
Gold Price In Lucknow Today	22 carat gold price is Rs 8,415
Patna Gold Rate Today	22k precious metal price is Rs 8,405

(Gold price figures source: Goodreturns.in)

Disclaimer: The story highlights gold prices and should not be considered an investment advice by Moneydaily.in or the author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult an expert before making any investment decisions.