CHENNAI: The price of gold in the city has decreased by Rs 320 per sovereign (8 gram), with a sovereign costing Rs 65,840 and a gram costing Rs 8,230 on Saturday.
On March 20, gold was sold at Rs 66,480 and a gram costing Rs 8,310. Last Friday (March 14), a sovereign of the yellow metal had cost 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 into the month of March, gold prices have now surpassed the Rs 66K-mark.
Meanwhile, the price of silver decreased by Rs 2 and is being sold at Rs 110/gram.
Gold price over the last five days:
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
18.03.2025: 1 sovereign (22 carat)- Rs 66,000
17.03.2025: 1 sovereign (22 carat)- Rs 65,680
Silver price over the last five days:
21.03.2025: 1 gram- Rs 112
20.03.2025: 1 gram- Rs 114
19.03.2025: 1 gram- Rs 114
18.03.2025: 1 gram- Rs 113
17.03.2025: 1 gram- Rs 113
15.03.2025: 1 gram- Rs 112