CHENNAI: Gold in the city has surged by Rs 400 on January 13 to cross 1.5 lakh mark. The yellow metal is now priced at Rs 1,05,360 per sovereign (8 grams) and Rs 13,170 per gram a rise of Rs 50.
On January 12, Gold was priced at Rs 1,04,960 per sovereign (8 grams) and Rs 13,120 per gram, up by Rs 220.
Gold remains significantly higher compared to last year. Prices have surged from Rs 58,520 per sovereign (Rs 7,315 per gram) on January 14, 2025, to Rs 1,05,360 per sovereign (Rs 13,120 per gram) on January 13, 2026, marking an increase of Rs 46,840, or about 80%.
Meanwhile, silver prices surged by Rs 5 to sell for Rs 292 per gram (Rs 2,92,000 per kg) on January 13. A gram had cost Rs 287 on Monday (January 12).
After a record rally in 2025, when gold marked its steepest annual rise since 1979, gold and silver are expected to remain firm in 2026, supported by global rate-cut expectations, safe-haven demand amid continuing geopolitical tensions, and steady industrial consumption. Market focus is now on the US Federal Reserve’s January 27–28 meeting, where interest rates are expected to remain unchanged.
January 12, 2026: 1 Sovereign - Rs 1,04,960 | 1 gram- Rs 13,120
January 10, 2026: 1 Sovereign- Rs 1,03,200 | 1 gram- Rs12,900
January 9, 2026: 1 Sovereign - Rs 1,02,400 | 1 gram- Rs 12,800
January 8, 2026: 1 Sovereign- Rs 1,02,000 | 1 gram- Rs 12,750
January 7, 2026: 1 Sovereign- Rs 1,02,400 | 1 gram- Rs 12,800
January 12, 2026: 1 gram- Rs 287
January 10, 2026: 1 gram- Rs 275
January 9, 2026: 1 gram- Rs 268
January 8, 2026: 1 gram- Rs 272
January 7, 2026: 1 gram - Rs 277