CHENNAI: The price of gold in Chennai has decreased by Rs 120 per sovereign on Wednesday (December 18), and the yellow metal is being sold at Rs 57,080 per sovereign.

Accordingly, gold price per gram has decreased by Rs 15 with a gram now costing Rs 7,135. Over the past week, gold price has shown slight variations.

On December 14, the price of gold was at Rs 57,120, down from Rs 57,840 on December 13.

The price had previously stood at Rs 58,280 on both December 11 and 12.

Silver saw no major fluctuations and remains stable at Rs 100 per gram.

Gold price over the last five days:

17-12-2024- 1 sovereign (22 carat) - Rs 57,200

16.12.2024: 1 sovereign (22 carat) - Rs 57,120

15.12.2024: 1 sovereign (22 carat) - Rs 57,120

14.12.2024: 1 sovereign (22 carat) - Rs 57,120

13.12.2024: 1 sovereign (22 carat) - Rs 57,840

Silver price over the last five days:

17.12.2024: 1 gram - Rs 100

16.12.2024: 1 gram - Rs 100

15.12.2024: 1 gram - Rs 100

14.12.2024: 1 gram - Rs 100

13.12.2024: 1 gram - Rs 101