Gold price in Chennai records sharp rise on July 1, 2025

Planning to buy gold today? Check out the latest gold rates in Chennai before you head to the jewellers
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CHENNAI: The price of gold in the city has increased by Rs 840 per sovereign on Tuesday (July 1, 2025), with a gram costing Rs 9,020.

A sovereign of the yellow metal now costs Rs 72,160

On Monday(June 30), a sovereign of gold was sold at Rs 71,320 after recording a drop of Rs 120 per sovereign.

On February 5, the gold rate was Rs 63,240/sovereign. It later shot up to Rs 64,000, only to plummet to Rs 63,520 on February 12.

On March 14, after more fluctuations, the price jumped to Rs 66,400, a massive spike of Rs 1,440 from the previous day’s price.

On April 22, the gold price soared to an all-time high of Rs 74,320/sovereign, marking a steep rise of Rs 2,200 per sovereign compared to the previous day's rate.

Meanwhile, gold prices have been experiencing fluctuations over the past week, and as of today, July 1, the rate stands at Rs 72,160 per sovereign.

On the other hand, the price of silver has increased by Re 1 and is sold at Rs 120/gm.

Gold price over the last five days:

30.06.2025: 1 sovereign (22 carat) - Rs 71,320

28.06.2025: 1 sovereign (22 carat) - Rs 71,440

27.06.2025: 1 sovereign (22 carat) - Rs 71,880

26.06.2025: 1 sovereign (22 carat) - Rs 72,560

25.06.2025: 1 sovereign (22 carat) - Rs 72,560

Silver price over the last five days:

30.06.2025: 1 gram -Rs 119

28.06.2025: 1 gram -Rs 119

27.06.2025: 1 gram -Rs 120

26.06.2025: 1 gram -Rs 120

25.06.2025: 1 gram -Rs 119

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