The 35-year-old veteran beat the Indian, who is 10 years his junior, 19-21, 21-14, 21-14 at the Carrara Sports Hall. India went on to win 3-1 and claim the gold.
He has been one of the most improved players on the BWF tour over the last two years.
Chong Wei did fight back in the opening game and ran his opponent close but Srikanth managed to pocket the first game and then regained the lead at 9-8 in the second game with a flurry of jump smashes and looked the better player.
Lengthy Malaysia's number one sportsman, " Chong Wei has not slipped the podium at the Olympics or world championships using a career tally of 7 medals in big leagues. "I won this for the whole Malaysian badminton team". It's not easy mentally.
"After this year finishes I will see in the second year and if I can keep fit, I will play in Tokyo 2020". "I lost five kgs in the last few months, that helps you move faster", she added.More news: Mother Who Drove Family of 8 Off Cliff Was Drunk
"If not, I think I will stop".
"I just came out and I forgot the team event and just focused". " I neglect my age. He has said this will be his final Commonwealth Games and he will not compete at the 2022 Birmingham edition.
In the apex clash of Men's Singles Badminton contest at the Games, Srikanth comfortably defeated England's Rajiv Ouseph in the semi-final on Saturday and, cruised to the finale of the event.
He joins an exclusive club of Indian shuttlers to sit at the summit of the sport - Saina Nehwal became the women's singles world No. 1 in 2015, while Prakash Padukone was considered the world No. 1 when he won three top tournaments in 1980, before the current computerised ranking system.
In the tense, all-Indian women's final, Delhi 2010 victor Nehwal grabbed her second gold against the younger and higher-ranked Sindhu, the Rio 2016 silver medallist. The 25-year-old, now in Gold Coast for the Commonwealth games, staggering performance in the Super Series titles also helped him with the rating points, making him a strong contender for the top notch.