1 Gram 24k Gold Coin Price Today Chennai

3 min read Jun 17, 2024
1 Gram 24k Gold Coin Price Today Chennai

1 Gram 24K Gold Coin Price Today in Chennai

The price of a 1 gram 24K gold coin in Chennai fluctuates daily based on various factors like global gold market trends, demand, and supply. To get the most accurate and up-to-date price, you should consult a reputable jeweler or gold dealer in Chennai.

Factors Influencing Gold Prices:

  • International Gold Market: The global gold market plays a major role in determining the price of gold in India. Any changes in the international gold price directly affect the local market.
  • Rupee-Dollar Exchange Rate: The value of the Indian Rupee against the US Dollar influences gold prices as gold is priced in US dollars.
  • Domestic Demand: Demand for gold in India is heavily influenced by festivals, weddings, and other auspicious occasions. Higher demand can lead to price increases.
  • Government Policies: Government policies, such as import duties and taxes, also impact the gold price.
  • Inflation and Interest Rates: Inflation and interest rates can also affect the price of gold as it is considered a safe haven asset during times of economic uncertainty.

How to Find the Current Price:

  • Visit Local Jewelers: Contact reputable jewelers in Chennai to inquire about the current price of a 1 gram 24K gold coin.
  • Check Online Platforms: Several online platforms like GoodReturns, Moneycontrol, or Live Mint provide real-time gold prices, but it's crucial to verify these prices with local jewelers.
  • Contact Gold Dealers: You can reach out to gold dealers or bullion dealers in Chennai for the most current prices.


  • Prices fluctuate constantly: Gold prices can change multiple times a day.
  • Additional charges: The price you pay might include making charges and other taxes.
  • Verify authenticity: Ensure you purchase from a trusted source to avoid any fraudulent activities.

By following these tips and consulting with reliable sources, you can get a good idea of the 1 gram 24K gold coin price in Chennai today.