Gold price rises by Rs 520 per sovereign, gram costs Rs 8,290 in Chennai on April 9
Meanwhile, the price of silver remains stable and is being sold at Rs 102/gram.;
Representative Image
CHENNAI: The price of gold in the city has increased by Rs 520 per sovereign, with a gram costing Rs 8,290 on Wednesday. A sovereign, which is 8 grams of 22-carat gold, costs Rs 66,320.
On April 8, a gram 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 66,320 on April 9 (today).
Meanwhile, the price of silver remains stable and is being sold at Rs 102/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