Gold price spikes by Rs 440 per sovereign, gram costs Rs 8,120 in Chennai on March 13
A sovereign now costs Rs 64,960, while a gram costs Rs 8,120
Representative Image (PTI)
CHENNAI: The price of gold on Thursday spiked by Rs 440 per sovereign.
A sovereign now costs Rs 64,960, while a gram costs Rs 8,120.
On Tuesday (March 11) morning, a sovereign of the yellow metal was sold for Rs 64,160, recording a dip of Rs 240 from the previous day's price.
However, over the next few days, the gold price steadily rose, only to rise again on March 13 (Today).
On February 5, the gold rate in the city had crossed the Rs 63K mark, reaching Rs 63,240/ sovereign. The price later arrived on the Rs 64,000-mark only to plummet to Rs 63,520 on February 12.
Meanwhile, the price of silver has increased by Re 1 and is being sold at Rs 110 per gram.
Gold price over the last five days:
12.03.2025: 1 sovereign (22 carat)- Rs 64,520
11.03.2025: 1 sovereign (22 carat)- Rs 64,160
10.03.2025: 1 sovereign (22 carat)- Rs 64,400
08.03.2025: 1 sovereign (22 carat)- Rs 64,320
07.03.2025: 1 sovereign (22 carat)- Rs 64,240
Silver price over the last five days:
12.03.2025: 1 gram- Rs 109
11.03.2025: 1 gram- Rs 107
10.03.2025: 1 gram- Rs 108
08.03.2025: 1 gram- Rs 108
07.03.2025: 1 gram- Rs 108
