Drop in Gold Rate Today After 4-Day Rally: Check Latest 24K, 22K & 18K Prices in Chennai on Navratri 2025

After a strong four-day rally, gold prices in Chennai saw a notable correction on September 24, 2025, with both 24 Karat, 22 Karat gold and 18 Karat gold rates declining for the first time since September 20. Over the past few sessions, gold had gained significant momentum, rising by Rs 448 per gram for 24 Karat gold and Rs 410 per gram for 22 Karat gold between September 19 and 23.

However, today's dip of Rs 44 (24K) and Rs 40 (22K) marks a pause in the upward trend, signaling profit-booking or stabilising global cues in this festive season during Navratri 2025.

Gold Price Drops After Reaching All Time High: Check Latest 24K, 22K & 18K Gold Rate Today in Chennai on Navratri 2025

24 Karat Gold Rate Today in Chennai

The price of 24 Karat gold, known for its highest purity, fell to Rs 11,564 per gram today, compared to Rs 11,608 yesterday on the third day of Navratri 2025. This decline of Rs 44 comes after a cumulative four-day increase of Rs 448, indicating a minor market correction. For larger quantities, 8 grams now cost Rs 92,512, 10 grams are priced at Rs 1,15,640, and 100 grams at Rs 11,56,400, down Rs 4,400 from Tuesday's rates.

Chennai Gold Rate Today: 22 Karat Gold Rate on September 24, 2025

Similarly, 22 Karat gold, commonly used in jewellery, recorded a drop of Rs 40 per gram on Wednesday. The current rate stands at Rs 10,600, down from Rs 10,640 on September 23. The price for 8 grams is now Rs 84,800, while 10 grams costs Rs 1,06,000 in Chennai on Navratri Day 3. For bulk buyers, 100 grams is priced at Rs 10,60,000, reflecting a Rs 4,000 decline from the previous day.

18 Karat Gold Rate Today in Chennai on Navratri Day 3

18 Karat gold, often preferred for designer and lightweight ornaments, recorded a smaller decline of Rs 30 per gram on Wednesday. The current price is Rs 8,780 per gram, down from Rs 8,810 the previous day. Gold buyers in Chennai can expect to pay Rs 70,240 for 8 grams, Rs 87,800 for 10 grams and Rs 8,78,000 for 100 grams, reflecting a decrease of Rs 3,000 for the highest quantity.

Gold Rate Expectations

In India, gold has consistently attracted both investors and consumers. Aksha Kamboj from the India Bullion & Jewellers Association noted that expectations of US interest-rate cuts and a weaker dollar are supporting this trend. The domestic demand driven by festivals further bolsters gold's appeal.

Gold Sets Record on MCX with Consistent Monthly Gains in 2025

This year has been significant for gold on MCX as it has shown positive returns every month so far in 2025. The monthly growth rates are: January at 7.7%, February at 3.7%, March at 4.6%, April at 5.9%, May at 1.2%, June at 0.6%, July at 2.5%, August at 4%, and a notable jump of 11.7% in September month-to-date.

Global Gold Trends

Globally, gold experienced a slight decline on September 24 after reaching an all-time high the previous day. Spot gold decreased by 0.3% to $3,753.22 per ounce, while US December futures fell by 0.8% to $3,785.90 an ounce. This drop followed profit-booking and cautious remarks from US Federal Reserve Chair Jerome Powell.

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