Gold hits record in Chennai as sovereign price nears Rs 82,000 on September 12, 2025

CHENNAI: The price of gold in Chennai hit an all-time high, increasing Rs 720 per sovereign on September 12 (Friday). The yellow metal is now being sold at Rs 81,920. Accordingly, the per gram rate has risen by Rs 90 to touch Rs 10,240.

On Tuesday (September 9), following a relentless rally, the gold price had climbed to Rs 81,200, with a single-day rise of Rs 1,440. On Wednesday and Thursday, the price remained the same.

While the gold price has been inching forward for most of the year, what triggered the recent rally is the trade war that US President Donald Trump unleashed on the world, including India. Since January 1, prices have surged by Rs 24,720, or 43.22%, from Rs 57,200 to Rs 81,920 as of September 12.

Starting at Rs 57,200 per sovereign on January 1, gold climbed to Rs 63,240 by February 5 and Rs 66,400 on March 14, with a single-day rise of Rs 1,440. On April 22, it hit another record at Rs 74,320 after a Rs 2,200 leap. The price crossed Rs 75,000 twice — on July 23 and August 6 at Rs 75,040.

In the latest surge, gold prices rose by Rs 4,280 per sovereign and Rs 535 per gram between September 1 and September 12, reaching Rs 81,920 per sovereign and Rs 10,240 per gram.

On the other hand, the price of silver has increased by Rs 2 and is sold for Rs 142/gram today.

Gold price (22 carat) over the last five days:

September 11, 2025 - 1 sovereign: Rs 81,200, 1 gram: Rs 10,150

September 10, 2025 - 1 sovereign: Rs 81,200, 1 gram: Rs 10,150

September 9, 2025 - 1 sovereign: Rs 81,200, 1 gram: Rs 10,150

September 8, 2025 - 1 sovereign: Rs 79,760 1 gram: Rs 9,970

September 7, 2025 - 1 sovereign: Rs 80,480, 1 gram: Rs 10,060

Silver price over the last five days:

September 11, 2025 – 1 gram: Rs 140

September 10, 2025 – 1 gram: Rs 140

September 09, 2025 – 1 gram: Rs 140

September 08, 2025 – 1 gram: Rs 140

September 07, 2025 – 1 gram: Rs 140