CHENNAI: Gold price in Chennai reduced by Rs 480 per sovereign on Friday (December 19). The 22-carat metal is now priced at Rs 99,040 per sovereign (8 grams) and and Rs 12,380 per gram, after falling by Rs 60.
On December 18, gold was priced at Rs 99,520 per sovereign and Rs 12,440 per gram.
On December 15, gold was priced at Rs 1,00,120 per sovereign, the highest in the year.
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.
Earlier, the metal had touched its previous yearly high of Rs 97,600 per sovereign (Rs 12,200 per gram) on October 17.
From January 1, when gold stood at Rs 57,200 per sovereign (Rs 7,150 per gram), it has now climbed to Rs 99,040 per sovereign on December 19, an increase of Rs 41,840, or about 73.15%.
Meanwhile, silver decreased by Rs 3 to sell for Rs 221 per gram (Rs 2,21,000 per kg) on December 19.
Gold price (22-carat) over the last five days:
December 18, 2025: 1 Sovereign- Rs 99,520 | 1 gram- Rs 12,440
December 17, 2025: 1 Sovereign- Rs 99,200 | 1 gram- Rs 12,400
December 16, 2025: 1 Sovereign- Rs 98,800 | 1 gram- Rs 12,350
December 15, 2025: 1 Sovereign- Rs Rs 1,00,120 | 1 gram- Rs 12,515
December 13, 2025: 1 Sovereign- Rs Rs 98,960 | 1 gram- Rs 12,370
Silver price over the last five days:
December 18, 2025: 1 gram- Rs 224
December 17, 2025: 1 gram- Rs 222
December 16, 2025: 1 gram- Rs 211
December 15, 2025: 1 gram- Rs 215
December 13, 2025: 1 gram- Rs 210