Chennai gold price gets costlier by Rs 720 on Dec 1, 2025; check how much it costs today

CHENNAI: Gold prices in Chennai rose for the third consecutive time on Monday (Dec 1), with a sovereign (8 grams) becoming costlier by Rs 720 to sell for Rs 96,560. A gram now costs Rs 12,070, up Rs 90 from the previous rate.

On Saturday (Nov 29), the price of the yellow metal had increased by Rs 140 to Rs 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 96,560 per sovereign (Rs 12,070 per gram) on December 1 – an increase of Rs 39,360, or about 68.8%.

Meanwhile, silver prices continue to make steady gains. On December 1, silver rose by Rs 4 to Rs 196 per gram (Rs 1,96,000 per kg). On Saturday (Nov 29), it was sold for Rs 192 per gram.

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

November 29, 2025: 1 sovereign- Rs 95,840 | 1 gram-Rs 11,980

November 28, 2025: 1 sovereign- Rs 94,720 | 1 gram-Rs 11,840

November 27, 2025: 1 sovereign- Rs 94,160 | 1 gram-Rs 11,770

November 26, 2025: 1 sovereign- Rs 94,400 | 1 gram-Rs 11,800

November 25, 2025: 1 sovereign- Rs 93,760 | 1 gram-Rs 11,520

Silver price over the last five days:

November 29, 2025: 1 gram - Rs 192

November 28, 2025: 1 gram - Rs 183

November 27, 2025: 1 gram - Rs 180

November 26, 2025: 1 gram - Rs 176

November 25, 2025: 1 gram - Rs 174