Gold prices in Chennai fell sharply today (December 31), bringing some relief to buyers after days of steady gains. The price of one sovereign (8 grams) of gold has dropped by ₹400, and is now being sold at ₹1,00,400.

Today’s Gold Rates in Chennai

22-carat gold: Down by ₹50 per gram, now at ₹12,550 per gram

24-carat gold: Down by ₹55 per gram, now at ₹13,690 per gram

24-carat gold (1 sovereign): Down by ₹440, now priced at ₹1,09,528

Silver Price Today

There is no change in silver prices today:

Silver (per gram): ₹258

Silver (per kilogram): ₹2,58,000

Silver prices had touched recent highs over the past few days and are currently holding steady.