Gold prices in Chennai remained higher than most other metro cities on January 5, 2026, reflecting strong local demand and regional pricing trends. The
city, known for its deep-rooted gold-buying culture, continues to see steady interest from both jewellery buyers and investors. As of today, 24-carat gold in Chennai is priced at Rs 13,725 per gram, while 22-carat gold, which is widely used for jewellery, is trading at Rs 12,581 per gram. Gold rates in Chennai often trade at a premium due to factors such as robust wedding-season demand, making charges, and local market dynamics. Prices also remain sensitive to global cues, including movements in international gold prices, the rupee-dollar exchange rate, and inflation expectations. With festivals and wedding purchases supporting demand, buyers in Chennai are closely tracking daily price movements before making fresh purchases. Gold prices today in India (January 5, 2026) Understanding 22K vs 24K Gold Prices Gold purity plays a major role in pricing. 24 karat gold, with 99.9 per cent purity, carries the highest value and is commonly chosen for investment in the form of bars or coins. On the other hand, 22 karat gold, also known as 916 gold, contains 91.6 per cent pure gold mixed with other metals. This blend enhances durability, making it ideal for crafting everyday and bridal jewellery. For buyers, knowing the difference between these purities helps align purchases with personal needs, whether it’s investment security or wearable strength. Factors Influencing Gold Rates Several elements shape gold prices daily, including international bullion trends, currency fluctuations, global economic cues, and local demand. Festive seasons and weddings also contribute to short-term price movements.
