CHENNAI: The price of gold in Chennai has increased by Rs 280 per sovereign on Thursday (January 9), and the yellow metal is being sold at Rs 58,080 per sovereign.

Accordingly, gold price per gram has increased by Rs 35 with a gram now costing Rs 7,260.

As the new year began, the price of the yellow metal was Rs 57,200 per sovereign. By Jan 3, it rose to Rs 58,080 only for it to drop again. It then remained unchanged at Rs 57,720 from Jan 4 to 7. The price started fluctuating again yesterday (Jan 8) with a Rs 80 rise.

Meanwhile, the price of silver remains stable and is being sold at Rs 100 per gram.

Gold price over the last five days:

08.01.2025: 1 sovereign (22 carat) - Rs 57,800

07.01.2025: 1 sovereign (22 carat) - Rs 57,720

6.01.2025: 1 sovereign (22 carat) - Rs 57,720

5.01.2025: 1 sovereign (22 carat) - Rs 57,720

4.01.2025: 1 sovereign (22 carat) - Rs 57,720

Silver price over the last five days:

08.01.2025: 1 gram - Rs 100

07.01.2025: 1 gram - Rs 100

6.01.2025: 1 gram - Rs 99

5.01.2025: 1 gram - Rs 99

4.01.2025: 1 gram - Rs 99