Chennai: Gold and silver get costlier on December 11; check their rates today

CHENNAI: Gold price in Chennai increased Rs 160 per sovereign on Thursday (December 11). The 22-carat metal is now priced at Rs 96,400 per sovereign (8 grams) and Rs 12,050 per gram, after rising by Rs 20.

On December 10, gold was priced at Rs 96,240 per sovereign and Rs 12,030 per gram.

On November 29, the price of the yellow metal was 95,840 per sovereign (Rs 11,980 per gram)—the highest price in November, a month that saw sharp fluctuations, with rates even dipping below Rs 90,000 per sovereign.

Earlier, gold had surged to Rs 97,600 per sovereign (Rs 12,200 per gram) on October 17, the highest this year, before dropping to Rs 88,600 per sovereign (Rs 11,075 per gram) on October 28.

The current gold rally is supported by rising expectations of a US Federal Reserve rate cut and safe-haven buying. Analysts say gold could retest record highs if global economic uncertainties continue.

From January 1, when gold was priced at Rs 57,200 per sovereign (Rs 7,150 per gram), it has climbed to Rs 96,400 per sovereign (Rs 12,050 per gram) on December 11 – an increase of Rs 39,200 or about 68.5%.

Meanwhile, the silver price increased by Rs 2 to Rs 209 per gram (Rs 2,09,000 per kg). On December 10, silver was priced at Rs 207 per gram.

Gold price (22-carat) over the last five days:

December 10, 2025: 1 sovereign- Rs 96,240 | 1 gram - Rs 12,030

December 9, 2025: 1 sovereign- Rs 96,000 | 1 gram - Rs 12,000

December 8, 2025: 1 sovereign- Rs 96,320 | 1 gram - Rs 12,040

December 6, 2025: 1 sovereign- Rs 96,320 | 1 gram - Rs 12,040

December 5, 2025: 1 sovereign- Rs 96,000 | 1 gram - Rs 12,000

Silver price over the last five days:

December 10, 2025: 1 gram- Rs 207

December 9, 2025: 1 gram- Rs 199

December 8, 2025: 1 gram- Rs 198

December 6, 2025: 1 gram- Rs 199

December 5, 2025: 1 gram- Rs 196