Chennai: Gold surges by Rs 1,040 per sovereign on February 6 afternoon

CHENNAI: Gold prices recovered on Thursday afternoon (February 6) after an early dip, rising by Rs 1,040 per sovereign. The yellow metal is now priced at Rs 1,14,000 per sovereign (8 grams) and Rs 14,250 per gram, marking a rise of Rs 130 per gram.

In the morning session, gold had slipped to Rs 1,12,960 per sovereign and Rs 14,120 per gram, after falling by Rs 1,600 per sovereign earlier in the day.

Silver unchanged

Meanwhile, silver prices remained unchanged at Rs 280 per gram (Rs 2,80,000 per kg) on February 6.

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

Gold remains significantly higher compared to last year. Prices have surged from Rs 63,440 per sovereign (Rs 7,930 per gram) on February 6, 2025, to Rs 1,14,000 per sovereign (Rs 14,250 per gram) on February 6, 2026, afternoon, marking an increase of Rs 50,560, or about 79.6%.

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

February 5, 2026: 1 Sovereign- Rs 1,14,560 | 1 gram- Rs 14,320

February 4, 2026: 1 Sovereign- Rs 1,19,200 | 1 gram- Rs 14,900

February 3, 2026: 1 Sovereign- Rs 1,14,160 | 1 gram- Rs 14,270

February 2, 2026: 1 Sovereign- Rs 1,11,600 | 1 gram- Rs 13,950

January 31, 2026: 1 Sovereign- Rs 1,19,200 | 1 gram- Rs 14,900

Silver price over the last five days:

February 5, 2026: 1 gram- Rs 300

February 4, 2026: 1 gram- Rs 320

February 3, 2026: 1 gram- Rs 300

February 2, 2026: 1 gram- Rs 300

January 31, 2026: 1 gram- Rs 350