Gold prices in Chennai remained firm on Thursday, January 16, 2026, tracking global cues and steady local demand. The price of 24-carat gold in the city
is currently quoted at Rs 13,725 per gram, while 22-carat gold, widely used for jewellery, is trading at Rs 12,581 per gram. Chennai typically records slightly higher gold prices compared to other metros due to strong jewellery demand, especially during wedding and festive seasons. Market participants said prices are being supported by global inflation concerns and sustained buying interest from retailers and households. Jewellers in the city noted steady footfall despite elevated rates, as many buyers continue to view gold as a safe-haven investment. Any sharp movement in prices in the near term will likely depend on global bullion trends, the US dollar’s movement, and upcoming macroeconomic cues. Consumers are advised to check making charges, GST, and hallmark certification before making purchases, as final retail prices may vary across jewellers.
