Gold price in Chennai records fall on August 20, 2025
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CHENNAI: Gold prices in the city have decreased on Wednesday (August 20, 2025), with a sovereign costing Rs 73,440. A gram now costs Rs 9,180.
On Tuesday (August 19), the price of gold decreased by Rs 320 per sovereign was sold at Rs 73,880 per sovereign.
Earlier this month, the yellow metal had crossed the Rs 75,000 mark for the second time this year, touching Rs 75,040 on August 6, the same rate it last reached on July 23. Between August 11 and August 16, gold prices in Chennai dropped by Rs 800 per sovereign, reaching Rs 74,200 per sovereign (approximately Rs 9,275 per gram).
In recent months, the gold price has witnessed a series of fluctuations. On February 5, the shiny metal was priced at Rs 63,240 per sovereign.
The price later shot up to Rs 64,000, only to plummet to Rs 63,520 on February 12. Later, after more fluctuations, on March 14, the price jumped to Rs 66,400, a massive spike of Rs 1,440 from the previous day’s price. Later, on April 22, it reached an all-time high of Rs 74,320/sovereign, with a steep one-day jump of Rs 2,200.
Meanwhile, the price of gold is presently on a declining trend, and as of August 20, it stands at Rs 73,440 per sovereign and Rs 9,180 per gram.
On the other hand, the price of silver has also decreased by Re 1 and is sold for Rs 125/gram.
Gold price (22 carat) over the last five days:
August 19, 2025 – 1 sovereign: Rs 73,880, 1 gram: Rs 9,235
August 18, 2025 – 1 sovereign: Rs 74,200, 1 gram: Rs 9,275
August 16, 2025 – 1 sovereign: Rs 74,200, 1 gram: Rs 9,275
August 15, 2025 – 1 sovereign: Rs 74,240, 1 gram: Rs 9,280
August 14, 2025 – 1 sovereign: Rs 74,320, 1 gram: Rs 9,290
Silver price over the last five days:
August 19, 2025 – 1 gram: Rs 126
August 18, 2025 – 1 gram: Rs 127
August 16, 2025 – 1 gram: Rs 127
August 15, 2025 – 1 gram: Rs 127
August 14, 2025 – 1 gram: Rs 127