CHENNAI: The price of gold in the city has increased by Rs 840 per sovereign, with a gram costing Rs 8340 on Friday (Rs 66,720/sovereign).
On March 27, a sovereign (8 gm) was sold at Rs 65,880. 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 66,720/sovereign.
Meanwhile, the price of silver increased by Rs 3 and is being sold at Rs 114/gm.
Gold price over the last five days:
27.03.2025: 1 sovereign (22 carat)- Rs 65,880
26.03.2025: 1 sovereign (22 carat)- Rs 65,560
25.03.2025: 1 sovereign (22 carat)- Rs 65,480
24.03.2025: 1 sovereign (22 carat)- Rs 65,720
22.03.2025: 1 sovereign (22 carat)- Rs 65,840
Silver price over the last five days:
27.03.2025: 1 gram- Rs 111
26.03.2025: 1 gram- Rs 111
25.03.2025: 1 gram- Rs 110
24.03.2025: 1 gram- Rs 110
22.03.2025: 1 gram- Rs 110