CHENNAI: Gold continues to surge in the city on December 27. The yellow metal rose by Rs 880 to be priced at Rs 1,04,000 per sovereign (8 grams) and Rs 13,000 per gram, a rise of Rs 110. This marks the highest level this year.
On December 26, gold was priced at Rs 1,03,120 per sovereign and Rs 12,890 per gram, a rise of Rs 70.
The current gold rally comes after the US Federal Reserve delivered a much-anticipated rate cut and signalled further easing next year, weakening the dollar, and boosting global safe-haven demand, while a record-low rupee supported domestic prices.
From January 1, when gold stood at Rs 57,200 per sovereign (Rs 7,150 per gram), it has now climbed to Rs 1,04,000 per sovereign on December 27, a whopping increase of Rs 46,800, or about 81.8%.
Meanwhile, silver increased by Rs 20 to sell for a record Rs 274 per gram (Rs 2,74,000 per kg) on December 27.
Gold price (22-carat) over the last five days:
December 26, 2025: 1 Sovereign- Rs 1,03,120 | 1 gram- Rs 12,890
December 25, 2025: 1 Sovereign- Rs 1,02,560 | 1 gram- Rs 12,820
December 24, 2025: 1 Sovereign- Rs 1,02,400 | 1 gram- Rs 12,800
December 23, 2025: 1 Sovereign- Rs 1,02,160 | 1 gram- Rs 12,770
December 22, 2025: 1 Sovereign- Rs 1,00,560 | 1 gram- Rs 12,570
Silver price over the last five days:
December 26, 2025: 1 gram- Rs 254
December 25, 2025: 1 gram- Rs 245
December 24, 2025: 1 gram- Rs 244
December 23, 2025: 1 gram- Rs 234
December 22, 2025: 1 gram- Rs 231