Gold price in Chennai records sharp rise on April 12, 2025
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CHENNAI: The price of gold in the city has increased by Rs 200 per sovereign, with a gram costing Rs 8,770 on Saturday.
A sovereign, which is 8 grams of 22-carat gold, has crossed the Rs 70,000-mark, reaching Rs 70,160/sovereign
On April 11, a gram was sold for Rs 8,745, with a sovereign costing Rs 69,960.
On February 5, the city's gold rate 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 costs Rs 70,160 on April 12 (today).
Meanwhile, the price of silver increased by Rs 2 and is being sold at Rs 110/gram.
Gold price over the last five days:
11.04.2025: 1 sovereign (22 carat)- Rs 69,960
10.04.2025: 1 sovereign (22 carat)- Rs 68,480
09.04.2025: 1 sovereign (22 carat)- Rs 67,280
08.04.2025: 1 sovereign (22 carat)- Rs 65,800
07.04.2025: 1 sovereign (22 carat)- Rs 66,280
Silver price over the last five days:
11.04.2025: 1 gram- Rs 108
10.04.2025: 1 gram- Rs 107
09.04.2025: 1 gram- Rs 104
08.04.2025: 1 gram- Rs 102
07.04.2025: 1 gram- Rs 103