Gold price falls by Rs 240 per sovereign, gram costs Rs 8,020 in Chennai on March 11
The price of silver has decreased by Re 1 and is being sold at Rs 107 per gram.
Representative image
CHENNAI: The price of gold on Tuesday decreased by Rs 240 per sovereign in the city.
A sovereign now costs Rs 64,160, while a gram costs Rs 8,020.
On Friday (March 7) morning, a sovereign of the yellow metal was sold for Rs 64, 240, recording a dip of Rs 240 from the previous day's price. However, over the next few days, the gold price steadily rose, only to fall again on March 11 (Today).
February 5, the gold rate in the city had crossed the Rs 63K mark, reaching Rs 63,240/ sovereign. The price later arrived on the Rs 64,000-mark only to plummet to Rs 63,520 on February 12.
Meanwhile, the price of silver has decreased by Re 1 and is being sold at Rs 107 per gram.
Gold price over the last five days:
10.03.2025: 1 sovereign (22 carat)- Rs 64,400
08.03.2025: 1 sovereign (22 carat)- Rs 64,320
07.03.2025: 1 sovereign (22 carat)- Rs 64,240
06.03.2025: 1 sovereign (22 carat)- Rs 64,160
05.03.2025: 1 sovereign (22 carat)- Rs 64,520
Silver price over the last five days:
10.03.2025: 1 gram- Rs 108
08.03.2025: 1 gram- Rs 108
07.03.2025: 1 gram- Rs 108
06.03.2025: 1 gram- Rs 108
05.03.2025: 1 gram- Rs 107
