Chennai gold price rises by Rs 640 on August 24, 2026; check today's gold, silver rate

CHENNAI: The price of gold in the city increased by Rs 640 per sovereign on Monday (August 24).

The yellow metal is now priced at Rs 1,20,240 per sovereign and Rs 15,030 per gram, after an increase of Rs 80 per gram.

Earlier on August 22, the price of 22-carat gold stood at Rs 1,19,600 per sovereign and Rs 14,950 per gram.

Silver prices increase

Meanwhile, silver prices increased to Rs 275 per gram (Rs 2,75,000 per kg) on August 24.

On August 22, silver was sold at Rs 270 per gram.

Gold rate today vs gold rate on this day, last year

Gold remains significantly higher compared to last year. Prices have increased from Rs 74,520 per sovereign (Rs 9,315 per gram) on August 23, 2025, to Rs 1,20,240 per sovereign (Rs 15,030 per gram) on August 24, 2026, marking an increase of Rs 45,720 per sovereign or about 61.35 per cent.

Gold price (22-carat) over the last five days:

August 22, 2026: 1 Sovereign - Rs 1,19,600 | 1 gram - Rs 14,950

August 21, 2026: 1 Sovereign - Rs 1,18,800 | 1 gram - Rs 14,850

August 20, 2026: 1 Sovereign - Rs 1,16,800 | 1 gram - Rs 14,600

August 19, 2026: 1 Sovereign - Rs 1,13,640 | 1 gram - Rs 14,205

August 18, 2026: 1 Sovereign - Rs 1,14,320 | 1 gram - Rs 14,290

Silver price over the last five days:

August 22, 2026: 1 gram - Rs 270

August 21, 2026: 1 gram - Rs 270

August 20, 2026: 1 gram - Rs 260

August 19, 2026: 1 gram - Rs 250

August 18, 2026: 1 gram - Rs 255