CHENNAI: The price of gold in the city has decreased by Rs 240 per sovereign, with a gram costing Rs 8,185 on Tuesday (Rs 65,480/sovereign).
On March 24, a sovereign (8 gm) was sold at Rs 65,720. On March 14, a sovereign was Rs 66,400, recording a massive spike of Rs 1,440 from the previous day’s price.
On February 5, the gold rate in the city had crossed Rs 63,000, reaching Rs 63,240/sovereign.
It later shot up to Rs 64,000 only to plummet to Rs 63,520 on February 12. After more fluctuations which persisted throughout March, gold is now being sold at Rs 65,480/sovereign.
Meanwhile, the price of silver remains the same at Rs 110/gm.
Gold price over the last five days:
24.03.2025: 1 sovereign (22 carat)- Rs 65,720
22.03.2025: 1 sovereign (22 carat)- Rs 65,840
21.03.2025: 1 sovereign (22 carat)- Rs 66,160
20.03.2025: 1 sovereign (22 carat)- Rs 66,480
19.03.2025: 1 sovereign (22 carat)- Rs 66,320
Silver price over the last five days:
23.03.2025: 1 gram- Rs 110
22.03.2025: 1 gram- Rs 110
21.03.2025: 1 gram- Rs 112
20.03.2025: 1 gram- Rs 114
19.03.2025: 1 gram- Rs 114