Last week, gold prices in Chennai went up by ₹3,000.

Gold prices have been steadily climbing over the past few days, and this week saw a significant surge.

On May 15, the price of one sovereign of gold (8 grams) in Chennai was ₹68,880. Today, that same sovereign is being sold for ₹71,800 — marking a sharp increase of nearly ₹3,000 in just one week.

In a single day, the price of gold has risen by ₹45 per gram and ₹360 per sovereign, reflecting strong upward momentum in the market.

Here’s the latest on gold and silver prices in Chennai:
22 Carat Gold (Jewellery):

• Yesterday: ₹8,930 per gram
• Today: ₹8,975 per gram
• Sovereign: ₹71,800

24 Carat Gold (Pure Gold):

• Yesterday: ₹9,741 per gram
• Today: ₹9,790 per gram
• 8 grams: ₹78,320

Silver prices have gone up recently.
Silver Rate Today:

• Per gram: ₹112
• Per kilogram: ₹1,12,000

This upward trend in gold and silver prices comes as no surprise to investors and jewellers, as global market fluctuations, inflation, and demand ahead of seasonal festivals are key driving factors. Whether you’re buying gold for investment or celebration, keep a close eye on these changing rates to make informed decisions.