CHENNAI: The price of gold in Chennai increased by Rs 560 per sovereign on September 16 (Tuesday). The yellow metal is now being sold at Rs 82,240. Accordingly, the per gram rate has increased by Rs 70 to touch Rs 10,280.
On Tuesday (September 9), following a relentless rally, gold prices climbed to Rs 81,200, with a single-day rise of Rs 1,440. On Wednesday and Thursday, the price remained unchanged, only to surge again on Friday (September 12), reaching Rs 81,920 per sovereign. On September 13 (Saturday), gold price dipped by Rs 160, selling for Rs 81,760 a sovereign, and on September 15 (Monday), gold price dipped by Rs 80, selling for Rs 81,680 a sovereign.
While the gold price has been inching forward for most of the year, what triggered the recent rally is the trade war that US President Donald Trump unleashed on the world, including India. Since January 1, prices have surged by Rs 24,720, or 43.22%, from Rs 57,200 to Rs 81,920 as of September 12.
Starting at Rs 57,200 per sovereign on January 1, gold climbed to Rs 63,240 by February 5 and Rs 66,400 on March 14, with a single-day rise of Rs 1,440. On April 22, it hit another record at Rs 74,320 after a Rs 2,200 leap. The price crossed Rs 75,000 twice — on July 23 and August 6 at Rs 75,040.
Gold prices saw a massive spike between September 1 and 12, rising by Rs 4,240 per sovereign and Rs 515 per gram.
On the other hand, the price of silver has increased by Re 1 and is sold for Rs 144/gram today.
Gold price (22 carat) over the last five days:
September 15, 2025 - 1 sovereign: Rs 81,680, 1 gram: Rs 10,210
September 13, 2025 - 1 sovereign: Rs 81,760, 1 gram: Rs 10,220
September 12, 2025 - 1 sovereign: Rs 81,920, 1 gram: Rs 10,240
September 11, 2025 - 1 sovereign: Rs 81,200, 1 gram: Rs 10,150
September 10, 2025 - 1 sovereign: Rs 81,200, 1 gram: Rs 10,150
Silver price over the last five days:
September 15, 2025 – 1 gram: Rs 144
September 13, 2025 – 1 gram: Rs 143
September 12, 2025 – 1 gram: Rs 142
September 11, 2025 – 1 gram: Rs 140
September 10, 2025 – 1 gram: Rs 140