EconomySaturday, 3 October 2026·Hindu Tamil Thisai
Gold price in Chennai falls by ₹800 per sovereign; 22-carat rate at ₹1,09,400
On October 3, 2026, 22-carat gold in Chennai fell by ₹800 per sovereign to ₹1,09,400, while silver remained unchanged at ₹245 per gram.
Key highlights
Direct fact
On October 3, 2026, 22-carat jewellery gold in Chennai fell by ₹800 per sovereign to ₹1,09,400, while 24-carat gold stood at ₹1,19,344 per sovereign and silver remained unchanged at ₹245 per gram.
Key specifics
- 22-carat gold fell by ₹100 per gram to ₹13,675 in Chennai.
- 24-carat gold fell by ₹880 per sovereign to ₹1,19,344.
- 18-carat gold fell by ₹800 per sovereign to ₹89,720.
- Silver was unchanged at ₹245 per gram and ₹2,45,000 per kilogram.
- India is among the leading gold-importing countries, and the article cites the US Federal Reserve and crude oil prices as price drivers.
Exam lens
Question type: Economy and market rates MCQ, Chennai gold price, 22-carat/24-carat/18-carat comparison, silver rate, and factors such as Fed policy and import duty. TNPSC may ask the current Chennai rate of 22-carat gold or the unit used for jewellery gold.