CHENNAI: Gold price in Chennai fell by Rs 240 per sovereign on Thursday (November 27), continuing the ongoing trend of price fluctuations.
With this, the price of 22-carat gold stands at Rs 94,160 per sovereign (8 grams) and Rs 11,770 per gram, down by Rs 30.
On November 26 (Wednesday), gold had increased by Rs 640 to sell for Rs 94,400 per sovereign and Rs 11,800 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 94,160/sovereign (Rs 11,770/gram) today, November 27, marking an increase of Rs 36,960 (approximately 64.6%). 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 4 on November 27, reaching Rs 180 per gram (Rs 1,80,000/kg). On Wednesday (November 26), silver cost Rs 176 per gram.
Gold price (22-carat) over the last five days:
November 26, 2025: 1 sovereign- Rs 94,400 | 1 gram-Rs 11,800
November 25, 2025: 1 sovereign- Rs 93,760 | 1 gram-Rs 11,520
November 24, 2025: 1 sovereign- Rs 92,160 | 1 gram-Rs 11,520
November 22, 2025: 1 sovereign- Rs 93,040 | 1 gram-Rs 11,630
November 21, 2025: 1 sovereign- Rs 91,680 | 1 gram-Rs 11,460
Silver price over the last five days:
November 26, 2025: 1 gram - Rs 176
November 25, 2025: 1 gram - Rs 174
November 24, 2025: 1 gram - Rs 171
November 22, 2025: 1 gram - Rs 172
November 21, 2025: 1 gram - Rs 169