CHENNAI: The price of gold in the city has decreased by Rs 120 per sovereign, with a gram costing Rs 8,755 on Monday.
A sovereign, which is 8 grams of 22-carat gold, has crossed the Rs 70,000-mark, reaching Rs 70,040/sovereign.
On April 12, a gram was sold for Rs 8,770, with a sovereign costing Rs 70,160.
On February 5, the city's gold rate crossed the Rs 63,000 mark, reaching 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 of a sovereign jumped to Rs 66,400 — a massive spike of Rs 1,440 from the previous day’s price.
The gold price, after a continuous rise over the past few days, has now decreased and is being sold at Rs 70,040 (today)
Meanwhile, the price of silver decreased by Rs 2 and is being sold at Rs 108/gram.
Gold price over the last five days:
12.04.2025: 1 sovereign (22 carat)- Rs 70,160
11.04.2025: 1 sovereign (22 carat)- Rs 69,960
10.04.2025: 1 sovereign (22 carat)- Rs 68,480
09.04.2025: 1 sovereign (22 carat)- Rs 67,280
08.04.2025: 1 sovereign (22 carat)- Rs 65,800
Silver price over the last five days:
12.04.2025: 1 gram- Rs 110
11.04.2025: 1 gram- Rs 108
10.04.2025: 1 gram- Rs 107
09.04.2025: 1 gram- Rs 104
08.04.2025: 1 gram- Rs 102