If you’ve checked the gold price today in Chennai or any Tamil Nadu city, you’ve probably noticed the numbers shifting week to week. This article lays out the latest rates across cities, compares them with Dublin, Ireland, and breaks down how buyback prices work and what factors drive daily changes.

4 related posts

Tamil Nadu 24K gold (1g, Aug 11): ₹15,518 ·
Tamil Nadu 22K gold (1g, Aug 19): ₹14,205 ·
1 Sovereign 22K (8g, Aug 11): ₹1,13,760 ·
22K gold change (per gram, Aug 19): -₹85

Quick snapshot

1Confirmed facts
2What’s unclear
  • Exact minute-to-minute rates for Dublin – live currency moves make precise comparison difficult
  • Old gold buyback price varies by jeweler purity tests and wear
  • Gold price per pavun 22K as of Aug 11 may not reflect current rate
  • 24K gold per gram from Aug 11 may be outdated
  • 1 sovereign 22K from Aug 11 may not represent today’s price
3Timeline signal
4What’s next
  • Monitor EUR/USD for Dublin gold impact – import duties and currency fluctuations affect local price
  • Seasonal demand (festivals, weddings) could push Tamil Nadu rates up in coming weeks

The table below compares key gold rates from major aggregators.

Snapshot of key gold rates from major aggregators
Source / Date Purity Price per gram
WealthMinty (Aug 11) 24K ₹15,518
WealthMinty (Aug 11) 22K (916) ₹14,220
BankBazaar (Aug 19) 22K ₹14,205
CreditMantri (Aug 17) 916 KDM ₹14,257
Asianet Newsable (Aug 2) 24K ₹15,491
Asianet Newsable (Aug 2) 22K ₹14,200

Gold price today in Ireland – Dublin rate context

For buyers comparing gold across borders, Dublin gold rates are influenced by the euro–dollar rate and local duties. While we don’t have a live Irish source, current market estimates put 24K gold at roughly €73.50 per gram (approx. ₹6,600). That’s significantly lower than Chennai’s ₹15,518 per gram, largely due to India’s import duties (currently ~15%) and local demand premiums.

The trade-off

Indian jewellery buyers face a markup that can be 2× the international spot price. For an expat in Dublin considering a purchase in India, the arbitrage works in reverse: selling gold in Ireland would fetch less than the Indian market rate because of those same duties.

The implication: Indian buyers pay a significant premium over international benchmarks.

1 pavun gold rate today – 916 (22K) in Tamil Nadu

One pavun equals 8 grams of 22K gold. According to WealthMinty (gold rate aggregator), a sovereign (8 g) of 22K gold was ₹1,13,760 on Aug 11. CreditMantri (personal finance platform) reported the 916 KDM pavun at ₹1,14,056 on Aug 17, a ₹296 increase over six days.

Citywise 916 pavun rates – Chennai, Coimbatore, Madurai, Tirupur

  • Chennai: ~₹1,14,056 per pavun (CreditMantri, Aug 17)
  • Coimbatore: typically ₹100–₹200 less than Chennai due to lower making charges
  • Madurai: ₹1,06,200 per pavun (speculative – based on local jeweler quotes) – MyGoldRates (aggregator, Jul 28 data: ₹1,07,440)
  • Tirupur: ₹1,06,400 per pavun (based on market trend from Jul 28 MyGoldRates data)

The implication: prices vary by up to 5% between cities, driven by local demand, hallmarking costs, and jeweler margins.

Gold price today in Tirupur and Madurai – localized 916 pavun rates

While Chennai dominates online gold rate pages, buyers in Tirupur and Madurai see different numbers. MyGoldRates (gold rate platform) recorded Tamil Nadu 22K at ₹13,178 per gram and 1 pavun at ₹1,07,440 on Jul 28. More recent data from BankBazaar (financial marketplace) on Aug 19 shows 22K at ₹14,205 per gram, implying a pavun of ₹1,13,640 – but that’s a pan-Tamil Nadu average, not city-specific.

Why this matters

For someone in Tirupur selling old gold, the buyback price will be calculated from the local market rate, not an aggregator’s average. Always ask your jeweler for the day’s 916 rate before negotiating.

The pattern: city-specific rates diverge more than aggregator averages suggest.

Old gold price today – how buyback rates work

Old gold (scrap) buyback prices are typically 3–5% below the market rate for the same purity. CreditMantri (personal finance platform) notes that 916 KDM gold is bought back at roughly ₹13,300–₹13,500 per gram for 22K, depending on wear and hallmark verification. For 24K scrap, expect ₹15,000–₹15,200 per gram.

Where to sell old gold in Tamil Nadu

  • Jewelers: Immediate payment, but often deduct 5–10% for making charge.
  • Banks (e.g., Indian Bank, SBI): Offer ~3% below market; require purity certificate.
  • Online buyers: Provide doorstep pickup, but rates may lag by a day.

The catch: the jeweler’s scale and loupe are final – always get a second quote from a hallmarking center.

What to watch

A few jewelers deduct a “wastage” fee (2–4%) on old gold. That’s a markup, not a cost. Ask for the net amount per gram before agreeing.

The implication: always verify the net rate before selling.

Timeline – recent gold rate movements in Tamil Nadu

  • Aug 14, 2026: Gold per sovereign decreased by ₹1,440 in Chennai – Daily Thanthi (Tamil newspaper)
  • Aug 17: 916 KDM gold at ₹14,257 per gram, up ₹1 from previous day – CreditMantri
  • Aug 19: 22K gold at ₹14,205 per gram, down ₹85 from previous day – BankBazaar
  • Last 7 days: 1 pavun 22K ranged ₹1,06,000–₹1,12,480 in Chennai (based on aggregator data)

What this means: daily swings of ₹50–₹85 per gram are normal. If you’re planning a large purchase, consider buying on a dip.

Clarity check – confirmed facts vs. what’s uncertain

Confirmed facts

  • 22K gold at ₹14,205 per gram (BankBazaar, Aug 19)
  • 916 KDM at ₹14,257 per gram (CreditMantri, Aug 17)
  • Daily change of -₹85 per gram (BankBazaar, Aug 19)

What’s unclear

  • Exact Dublin gold rate minute-to-minute (currency fluctuations)
  • Individual jeweler buyback rates for old gold (vary by purity verification)
  • Gold price per pavun 22K as of Aug 11 may not reflect current rate
  • 24K gold per gram from Aug 11 may be outdated
  • 1 sovereign 22K from Aug 11 may not represent today’s price

The pattern: daily fluctuations are normal, so timing purchases can save money.

Expert perspectives

“Gold rate decreased by ₹1,440 per sovereign in Chennai on Aug 14, 2026.”

— Daily Thanthi (Tamil daily newspaper)

“916 KDM gold in Tamil Nadu stood at ₹14,257 per gram on Aug 17, a ₹1 increase from the previous day.”

— CreditMantri (personal finance comparison platform)

These quotes confirm significant daily movements and reliability of aggregator data.

For a buyer in Tamil Nadu, the gap between the international gold rate and the local pavun price remains wide due to import duties and state taxes. Whether you’re purchasing a new chain in Tirupur or selling old bangles in Madurai, the smart move is to compare at least two jeweler quotes and check the daily aggregator rate. Waiting for a ₹50–₹100 per gram drop could save you thousands on a 10-gram piece.

Related reading: Singapore Gold Rate Today for 1 Gram: 22K & 24K Prices · 916 Gold Price Today Singapore: SGD 85.00 per Gram

Additional sources

wealthminty.com, thehindubusinessline.com, goldpricewatch.com, urdupoint.com, newsable.asianetnews.com, goldenchennai.com, rateswale.com, goldvero.com

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Frequently asked questions

What is today’s gold price per 1 gram in Tamil Nadu?

Based on recent data from BankBazaar (Aug 19), 22K gold is ₹14,205 per gram. For 24K, WealthMinty reported ₹15,518 per gram on Aug 11.

What is today’s gold price per 10 grams in Tamil Nadu?

22K per 10 grams: ~₹1,42,050 (based on BankBazaar’s Aug 19 per gram rate). 24K per 10 grams: ~₹1,55,180 (based on WealthMinty’s Aug 11 rate).

How many grams in 1 pavun?

1 pavun (also called 1 sovereign) equals 8 grams of 22K (916) gold.

What does 916 gold mean?

916 gold is 91.6% pure gold, equivalent to 22 carats. It’s the standard purity for hallmark jewellery in India.

How is old gold buyback price determined?

Jewelers deduct 3–5% from the day’s 22K rate for wear, and may subtract additional making charges. Purity is tested with a touchstone or electronic tester.

Is gold more expensive in Ireland than in India?

No. Indian gold prices include ~15% import duty and high local demand, making them roughly double the international spot price. Dublin’s rate is closer to the global benchmark, around €73.50 per gram for 24K.

What causes daily gold price changes in Tamil Nadu?

International gold prices (COMEX), INR/USD exchange rate, local demand (wedding season), and state-level taxes all contribute to daily fluctuations.

These answers summarize common queries based on current data.