CHENNAI: A day after rising by 1,440, gold plunged by Rs 1,040 per sovereign (8 grams) on Tuesday (April 7).
The yellow metal is now priced at Rs 1,10,880 per sovereign and Rs 13,860 per gram, after a decrease of Rs 130.
On April 6, gold had fallen by Rs 1,120 in the morning only to rise by 1,440 per sovereign in the evening, trading for Rs 1,11,920 per sovereign and Rs 13,990 per gram.
Silver prices reduce
Silver prices reduced by Rs 5 to sell for Rs 255 per gram (Rs 2,55,000 per kg) on April 7.
Gold rate today vs gold rate on this day, last year
Gold remains significantly higher compared to last year. Prices have surged from Rs 66,280 per sovereign (Rs 8,285 per gram) on April 7, 2025, to Rs 1,10,880 per sovereign (Rs 13,860 per gram) on April 7, 2026, marking an increase of Rs 44,600 or about 67.290%.
Gold price (22-carat) over the last five days:
April 6, 2026: 1 Sovereign - Rs 1,11,920 | 1 gram - Rs 13,990
April 4, 2026: 1 Sovereign - Rs 1,11,600 | 1 gram - Rs 13,950
April 3, 2026: 1 Sovereign - Rs 1,10,800 | 1 gram - Rs 13,850
April 2, 2026: 1 Sovereign - Rs 1,10,000 | 1 gram - Rs 13,750
April 1, 2026: 1 Sovereign - Rs 1,12,400 | 1 gram - Rs 14,050
Silver price over the last five days:
April 6, 2026: 1 gram - Rs 260
April 4, 2026: 1 gram - Rs 255
April 3, 2026: 1 gram - Rs 255
April 2, 2026: 1 gram - Rs 255
April 1, 2026: 1 gram - Rs 265