CHENNAI: In Chennai, the price of gold dropped down by Rs 80/sovereign today.

The the yellow metal is being sold at Rs 53,640 per sovereign in Chennai. It was priced at Rs 53,720 per sovereign yesterday

The gold price in Tamil Nadu has been fluctuating for the past few days and has decreased today.

Accordingly, the price of gold decreased by Rs 10 per gram and is being sold at Rs 6,705.

The price of silver also decreased by Rs.0.50 and is being sold at Rs 93.00 per gram.