Gold Rates Today Jump Again, But Silver Rates Unchanged In Chennai; Check 24K, 22K, 18K Gold Prices Here

Gold rates in Chennai surged for the second time on April 4th, with 10 grams gold price surging by Rs 1,090 and 100 grams gold rising by Rs 10,900 in 24 carat. The prices of precious metal surged in Chennai despite gold rates being flat in other cities, making it expensive in the city. 10 grams gold price is above Rs 1,52,000 mark, which is highest in any other city. The trajectory of gold is split between global risk sentiments and monetary policy recalibration.

Gold Rates In India:

10 grams gold price was broadly flat in majority of cities like Mumbai, Kolkata, Pune, Bengaluru, Hyderabad, Kerala and others. It stood at Rs 1,50,930 in 24 carat, at Rs 1,38,350 in 22 carat and at Rs 1,13,200 in 18 carat.

Gold Rates In Chennai:

But in Chennai, gold prices are up on Saturday across carats. Accordingly, 24 carat gold price surged by Rs 10,900 in 100 grams to Rs 15,21,800, while the price rose by Rs 1,090 to Rs 1,52,180 per 10 grams. In case of 8 grams, 24 carat is up by Rs 872 to Rs 1,21,744 and in 1 gram, the price edged higher by Rs 109 to Rs 15,218.

Gold prices in 22 carat also climbed by Rs 1,000 to Rs 1,39,500 per 10 grams, soared by Rs 10,000 to Rs 13,95,000 per 100 grams, jumped by Rs 800 to Rs 1,11,600 per 8 grams and was up by Rs 109 to Rs 13,950 per 1 gram.

Under 18 carat, 10 grams gold price rallied by Rs 900 to Rs 1,16,350 and jumped by Rs 9,000 in 100 grams to Rs 11,63,500. Also, 8 grams gold price climbed by Rs 720 to Rs 93,080 and 1 gram gold is up by Rs 90 to Rs 11,635.

Silver Rates In India:

1Kg silver prices were unchanged in majority of cities to Rs 2.50 lakh. These cities included Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad and Pune among others. But in Chennai, silver is expensive.

Silver Rates In Chennai:

1Kg silver price stood at Rs 2.55 lakh on April 4th, unchanged from the previous day. While 100 grams and 10 grams silver is at Rs 25,500 and Rs 2,550. The price of 8 grams silver stood at Rs 2,040 and 1 gram at Rs 255.

Gold Prices Outlook Ahead:

According to Rajeev Sharan, Head of Research, Brickwork Ratings, gold's recent trajectory underscores the fragile balance between global risk sentiment and monetary policy recalibration. Prices surged on April 1, 2026, amid the Iran-US conflict, briefly peaking near USD 4,800 per ounce before retreating to around USD 4,679 by April 2. This pullback reflects the strengthening USD and evolving interest rate expectations, which have tempered bullion's upward momentum.

Yet, he added that persistent geopolitical tensions and concerns over global growth continue to reinforce gold's safe-haven appeal, ensuring demand remains resilient. For the Reserve Bank of India, elevated gold levels signal inflation risks via a weaker rupee, raising consumer prices. The correction offers short-term relief, but if tensions persist, gold could climb further, straining reserves and limiting scope for rate cuts. Oil prices remain critical-they often move in tandem with gold and amplify macroeconomic pressures.

Overall, the rally highlights fragile risk sentiment, while a sustained decline will require broader stability across currencies and commodities.

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