CHENNAI: The price of gold in the city has decreased by Rs 80 per sovereign on Tuesday (July 29, 2025), with a gram costing Rs 9,150.
A sovereign of the yellow metal now costs Rs 73,200.
On Monday (July 28), a sovereign of gold was sold at Rs 73,280, after remaining stable since Saturday, with a decrease of Rs 400 per sovereign.
On February 5, the gold rate was Rs 63,240/sovereign. It later shot up to Rs 64,000, only to plummet to Rs 63,520 on February 12.
On March 14, after more fluctuations, the price jumped to Rs 66,400, a massive spike of Rs 1,440 from the previous day’s price.
On April 22, the gold price soared to an all-time high of Rs 74,320/sovereign, marking a steep rise of Rs 2,200 per sovereign compared to the previous day's rate.
Meanwhile, gold prices have been experiencing fluctuations over the past week, and as of today, July 29, the rate stands at Rs 73,200 per sovereign.
On the other hand, the price of silver remains stable and is sold for Rs 126/gram.
Gold price over the last five days:
28.07.2025: 1 sovereign (22 carat) - Rs 74,280
26.07.2025: 1 sovereign (22 carat) - Rs 74,280
25.07.2025: 1 sovereign (22 carat) - Rs 74,680
24.07.2025: 1 sovereign (22 carat) - Rs 74,040
23.07.2025: 1 sovereign (22 carat) - Rs 75,040
Silver price over the last five days:
28.07.2025: 1 gram- Rs 126
26.07.2025: 1 gram- Rs 126
25.07.2025: 1 gram- Rs 128
24.07.2025: 1 gram- Rs 128
23.07.2025: 1 gram- Rs 129