Gold prices in Chennai have edged higher today, showing signs of recovery after the sharp fluctuations witnessed yesterday.
As per the latest rates, 22-carat gold is priced at ₹13,430 per gram, registering an increase of ₹80. Likewise, 18-carat gold has gone up by ₹65 and is now being sold at ₹11,200 per gram.
This increase comes a day after the market experienced strong swings. Yesterday, gold prices had climbed in the morning session but saw a notable drop by evening, reflecting uncertainty in the market. Today’s upward movement indicates a mild rebound and some stability returning to gold prices.
Meanwhile, silver prices have moved in the opposite direction. Silver is currently trading at ₹245 per gram, marking a decline of ₹15 compared to the previous rate.
Market observers note that such daily fluctuations are largely influenced by global trends and investor sentiment. Buyers are advised to keep a close eye on price movements before making any purchasing decisions.
