Gold Price Slips from Record Highs! Check Latest 22K, 24K & 18K Gold Rate Today in Chennai on Vishwakarma Puja

On the occasion of Vishwakarma Pooja on September 17, 2025, gold prices in Chennai witnessed a slight drop, after touching an all-time high. The price of 24 Karat gold today stands at Rs 11,204 per gram, down by Rs 11, while 22K gold is priced at Rs 10,270 per gram, marking a Rs 10 decline. The dip comes amid a post-festival correction, following a surge in prices during festive buying.

Gold Rate Today on Vishwakarma Pooja: Check Latest 24K, 22K And 18K Gold Prices on September 17, 2025

24 Karat Gold Rate in Chennai Today

After touching an all-time high recently, the price of 24 karat gold in Chennai witnessed a slight dip on September 17. The rate today stands at Rs 11,204 per gram, down by Rs 11 from yesterday's price of Rs 11,215. For those buying in bulk, 8 grams of 24K gold is priced at Rs 89,632, down by Rs 88. The price for 10 grams is now Rs 1,12,040, lower by Rs 110, while 100 grams is retailing at Rs 11,20,400, a drop of Rs 1,100 from the previous day. The decline follows a spike in festive demand around Vishwakarma Pooja.

22 Karat Gold Rate Today in Chennai

The 22 Karat gold rate also corrected slightly today. On September 17, the price is Rs 10,270 per gram, which is Rs 10 lower than yesterday's Rs 10,280. The price of 8 grams of 22K gold fell by Rs 80 to Rs 82,160.

Similarly, 10 grams is priced at Rs 1,02,700, down by Rs 100 and 100 grams is now available at Rs 10,27,000, marking a Rs 1,000 drop in Chennai on Wednesday.

18 Karat Gold Rate Today in Chennai

The 18 karat gold segment saw the smallest dip among all categories on September 17, 2025. The current price is Rs 8,510 per gram, down by Rs 5 from the previous day's Rs 8,515. For 8 grams, the cost is now Rs 68,080, a fall of Rs 40. The 10 gram rate stands at Rs 85,100, down by Rs 50, and 100 grams is priced at Rs 8,51,000, which is Rs 500 lower than yesterday. Even with this decline, prices remain relatively firm after the recent highs driven by festival-led demand.

All Eyes on US Fed as Gold Trades Near Record Highs

Mr. Manav Modi, Analyst, Precious Metal, Research, Motilal Oswal Financial Services Ltd. said, "Gold prices hovered near all-time highs as expectations for a Federal Reserve interest rate cut later in the day dented the dollar and U.S. bond yields, boosting demand for the precious metal."

"All eyes today will be on Federal Reserve's policy meeting scheduled later tonight, where a much-awaited rate cut could be announced of 25 bps. Along with that, comments from Governor Powell, dot plot and economic forecasts will also be under radar, possibly triggering volatility in market. U.S. President Trump called for Fed Chair Powell to enact a "bigger" cut to benchmark interest rates via social media post," he added.

Disclaimer

The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.