Gold price in Chennai records steep rise on April 9
The price of gold continues its upward climb with a significant single-day gain;
CHENNAI: The price of gold in the city has increased on Wednesday evening by Rs 960 per sovereign, with a gram costing Rs 8,410 (Rs 67,280/sovereign).
Overall, the price of the yellow metal increased by Rs 1,480 per sovereign and Rs 185 per gram throughout the course of the day.
On Wednesday morning, gold price had increased by Rs 520 per sovereign, with a gram costing Rs 8,290 (Rs 66,320/sovereign)
Yesterday, on April 8, a gram of gold was sold for Rs 8,225, with a sovereign costing Rs 65,800.
On February 5, the gold rate in the city had crossed the Rs 63,000-mark, reaching Rs 63,240/sovereign. It later shot up to Rs 64,000 only to plummet to Rs 63,520 on February 12.
On March 14, after more fluctuations, the price of a sovereign jumped to Rs 66,400 — a massive spike of Rs 1,440 from the previous day’s price.
Meanwhile, after crossing the Rs 68,000-mark on April 1, gold prices have been on a decline.
However, they have now increased again, and a sovereign of the yellow metal cost Rs 67,280 on April 9 (today).
Meanwhile, the price of silver has increased by Rs 2 on Wednesday evening and is being sold at Rs 104/gram.
Gold price over the last five days:
08.04.2025: 1 sovereign (22 carat)- Rs 65,800
07.04.2025: 1 sovereign (22 carat)- Rs 66,280
05.04.2025: 1 sovereign (22 carat)- Rs 66,480
04.04.2025: 1 sovereign (22 carat)- Rs 67,200
03.04.2025: 1 sovereign (22 carat)- Rs 68,480
Silver price over the last five days:
08.04.2025: 1 gram- Rs 102
07.04.2025: 1 gram- Rs 103
05.04.2025: 1 gram- Rs 103
04.04.2025: 1 gram- Rs 108
03.04.2025: 1 gram- Rs 112