Gold Price Falls for Second Consecutive Day

Gold prices in Chennai have recorded a second straight day of decline, offering slight relief to buyers after days of sharp volatility and record highs. Despite recent instances of prices rising both in the morning and evening sessions, today’s rates show a notable correction.

Gold Price Today (22 Carat)

1 gram: ₹14,120 (down by ₹200)

1 sovereign (8 grams): ₹1,12,960 (down by ₹1,600)

On the previous day, gold had already dropped sharply, with prices falling by ₹580 per gram and ₹4,640 per sovereign, settling at ₹14,320 per gram and ₹1,14,560 per sovereign.

Silver Price Today

1 gram: ₹280 (down by ₹20)

1 kg (bar silver): ₹2,80,000

Gold Price Trend – Last 5 Days (22 Carat)

05-02-2026: ₹1,14,560 per sovereign

04-02-2026: ₹1,19,200 per sovereign

03-02-2026: ₹1,14,160 per sovereign

02-02-2026: ₹1,11,600 per sovereign

01-02-2026: ₹1,19,200 per sovereign

Silver Price Trend – Last 5 Days

05-02-2026: ₹300 per gram

04-02-2026: ₹320 per gram