The price of gold has been rising steadily since the beginning of this year, causing concern among the public. Although there were brief periods of slight decline, the price has repeatedly touched new highs, worrying jewellery buyers. Over the past few weeks, gold prices have continued to surge.

Last month, the price of one sovereign stood at ₹73,000, but it gradually rose and crossed ₹75,000 on August 6. It increased to ₹75,200 on August 7, and hit a new high of ₹75,760 the next day. This continuous hike left jewellery lovers anxious.

Gold prices dipped slightly last Monday; on Tuesday they fell by ₹640. On Wednesday, the price of 22-carat gold in Chennai dropped by ₹40 per sovereign and was sold at ₹84,320. Prices rose again on Thursday and Friday.

Today’s Gold Price in Chennai

22-carat gold: ₹94,728 per sovereign (+₹8) | ₹11,841 per gram
24-carat gold: ₹1,03,336 per sovereign | ₹12,917 per gram
18-carat gold: ₹79,008 per sovereign | ₹9,876 per gram

Silver Price

– ₹183.10 per gram
– ₹1,83,100 per kg