CHENNAI: Gold continues to surge in the city on December 26. The yellow metal rose by Rs 560 to be priced at Rs 1,03,120 per sovereign (8 grams) and Rs 12,890 per gram, a rise of Rs 70. This marks the highest level this year.
On December 25, gold was priced at Rs 1,02,560 per sovereign and Rs 12,820 per gram, a rise of Rs 20.
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.
From January 1, when gold stood at Rs 57,200 per sovereign (Rs 7,150 per gram), it has now climbed to Rs 1,03,120 per sovereign on December 26, a whopping increase of Rs 45,920, or about 80.2%.
Meanwhile, silver increased by Rs 9 to sell for a record Rs 254 per gram (Rs 2,54,000 per kg) on December 26.
Gold price (22-carat) over the last five days:
December 25, 2025: 1 Sovereign- Rs 1,02,560 | 1 gram- Rs 12,820
December 24, 2025: 1 Sovereign- Rs 1,02,400 | 1 gram- Rs 12,800
December 23, 2025: 1 Sovereign- Rs 1,02,160 | 1 gram- Rs 12,770
December 22, 2025: 1 Sovereign- Rs 1,00,560 | 1 gram- Rs 12,570
December 20, 2025: 1 Sovereign- Rs 99,200 | 1 gram- Rs 12,400
Silver price over the last five days:
December 25, 2025: 1 gram- Rs 245
December 24, 2025: 1 gram- Rs 244
December 23, 2025: 1 gram- Rs 234
December 22, 2025: 1 gram- Rs 231
December 20, 2025: 1 gram- Rs 226