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Chennai gold prices rise on festive buying support

Chennai gold rates climbed as festive demand and global cues lifted 24, 22 and 18 karat prices, keeping bullion sentiment firm among city buyers.
Gold prices in Chennai moved higher today as strong jewellery demand combined with global bullion firmness. 24k gold was priced at ₹16,734 per gram, while 22k stood at ₹15,330. 18k gold traded at ₹12,785 per gram. Dealers said festive buying, steady rupee levels, and overseas market cues continued supporting local gold rates during early trading hours across city retail markets.