CHENNAI: Gold prices in Chennai surged by Rs 800 during the evening session on Thursday (November 13). Prices rose from Rs 94,400 per sovereign (Rs 11,800 per gram) in the morning to Rs 95,200 per sovereign (Rs 11,900 per gram) by evening.
A day earlier, on Wednesday (November 12), gold cost Rs 92,800 a sovereign and Rs 11,600 a gram.
Overall, gold rose by Rs 2,400 per sovereign and Rs 300 per gram compared to Wednesday’s rates.
The present oscillating trend follows a meteoric rise last month, when gold had surged to Rs 97,600 per sovereign (Rs 12,200 per gram) on October 17—the highest this year—before plunging to Rs 88,600/sovereign (Rs 11,075/gram) on October 28.
Gold has rallied significantly this year as investors turned to the safe-haven asset amid geopolitical and economic uncertainty, driven by the US shutdown and global trade tensions.
For perspective: gold was priced at Rs 57,200 per sovereign (Rs 7,150 per gram) on January 1 this year, but costs Rs 95,200 today, November 13, marking a growth of Rs 38,000, or roughly 66.4%.
On October 17, it had climbed to 70.6%, owing to a record rise of Rs 40,400 per sovereign.
Meanwhile, silver has increased by Rs 1 per gram on November 13 afternoon, bringing the rate to Rs 183 per gram (Rs 1,83,000/kg).
Gold price (22-carat) over the last five days:
November 12, 2025: 1 Sovereign- Rs 92,800 | 1 gram- Rs 11,600
November 11, 2025: 1 Sovereign- Rs 93,600 | 1 gram- Rs 11,700
November 10, 2025: 1 Sovereign- Rs 91,840 | 1 gram- Rs 11,480
November 08, 2025: 1 Sovereign- Rs 90,400 | 1 gram- Rs 11,300
November 07, 2025: 1 Sovereign- Rs 90,160 | 1 gram- Rs 11,270
Silver price over the last five days:
November 12, 2025: 1 gram - Rs 173
November 11, 2025: 1 gram - Rs 170
November 10, 2025: 1 gram - Rs 169
November 08, 2025: 1 gram - Rs 165
November 07, 2025: 1 gram - Rs 165