CHENNAI: Gold price in the city surged by Rs 1,360 per sovereign on November 22. A sovereign (8 grams) is now priced at Rs 93,040, and a gram at Rs 11,630, after a rise of Rs 170.
Just a day earlier, on November 21, gold had fallen by Rs 320 to sell for Rs 91,680 per sovereign and Rs 11,460 per gram.
On November 13, a sovereign had cost Rs 95,200, the highest rate gold touched this month.
The present seesaw trend follows a meteoric rise last month, when gold had surged to Rs 97,600 per sovereign (Rs 12,200 per gram) on October 17, the highest this year, before plunging to Rs 88,600/sovereign (Rs 11,075/gram) on October 28.
Gold has rallied significantly this year as investors turned to the safe-haven asset amid geopolitical and economic uncertainty.
For perspective, gold was priced at Rs 57,200 per sovereign (Rs 7,150 per gram) on January 1, and costs Rs 93,040/sovereign (Rs 11,630/gram) today, November 22, marking an increase of Rs 35,840 (approximately 62.7%). On October 17, it had climbed to 70.6%, owing to a record rise of Rs 40,400 per sovereign.
Meanwhile, silver too has been recording constant price fluctuations. Silver price increased by Rs 3 on November 22, reaching Rs 172 per gram (Rs 172,000/kg). Yesterday, silver cost Rs 169 per gram.
Gold price (22-carat) over the last five days:
November 21, 2025: 1 sovereign- Rs 91,680 | 1 gram-Rs 11,460
November 20, 2025: 1 sovereign - Rs 92,000 | 1 gram-Rs 11,500
November 19, 2025: 1 sovereign - Rs 92,800 | 1 gram-Rs 11,600
November 18, 2025: 1 sovereign - Rs 91,200 | 1 gram-Rs 11,400
November 17, 2025: 1 Sovereign- Rs 92,320 | 1 gram-Rs 11,540
Silver price over the last five days:
November 21, 2025: 1 gram - Rs 169
November 20, 2025: 1 gram - Rs 173
November 19, 2025: 1 gram - Rs 176
November 18, 2025: 1 gram - Rs 170
November 17, 2025: 1 gram - Rs 170