CHENNAI: The price of gold in the city increased by Rs 640 per sovereign on Monday (August 24).
The yellow metal is now priced at Rs 1,20,240 per sovereign and Rs 15,030 per gram, after an increase of Rs 80 per gram.
Earlier on August 22, the price of 22-carat gold stood at Rs 1,19,600 per sovereign and Rs 14,950 per gram.
Meanwhile, silver prices increased to Rs 275 per gram (Rs 2,75,000 per kg) on August 24.
On August 22, silver was sold at Rs 270 per gram.
Gold remains significantly higher compared to last year. Prices have increased from Rs 74,520 per sovereign (Rs 9,315 per gram) on August 23, 2025, to Rs 1,20,240 per sovereign (Rs 15,030 per gram) on August 24, 2026, marking an increase of Rs 45,720 per sovereign or about 61.35 per cent.
August 22, 2026: 1 Sovereign - Rs 1,19,600 | 1 gram - Rs 14,950
August 21, 2026: 1 Sovereign - Rs 1,18,800 | 1 gram - Rs 14,850
August 20, 2026: 1 Sovereign - Rs 1,16,800 | 1 gram - Rs 14,600
August 19, 2026: 1 Sovereign - Rs 1,13,640 | 1 gram - Rs 14,205
August 18, 2026: 1 Sovereign - Rs 1,14,320 | 1 gram - Rs 14,290
August 22, 2026: 1 gram - Rs 270
August 21, 2026: 1 gram - Rs 270
August 20, 2026: 1 gram - Rs 260
August 19, 2026: 1 gram - Rs 250
August 18, 2026: 1 gram - Rs 255