Gold News

The price of ornamental gold in Chennai increased today (February 3), with the rate going up by ₹640 per sovereign, reversing the recent downward trend in gold prices. Gold Price Movement in Recent Days Gold prices had been witnessing a steady rise in recent weeks. However, from January 30, prices began to decline sharply. Over the last two days alone, gold prices fell by ₹15,200 per sovereign, and on Saturday, one sovereign was sold at ₹1,19,200. On Monday, the first trading day of the week, gold prices declined further: ₹950 drop per gram, selling at ₹13,950 ₹7,600 drop per sovereign, selling at ₹1,11,600 Today’s Gold Rate in Chennai (Feb 3) Following the decline, gold prices have rebounded today: Gold per sovereign: ₹1,12,240 (up by ₹640) Gold per gram: ₹14,030 (up by ₹80) Silver Price Update Silver prices, meanwhile, recorded a decline today: Silver per gram: ₹280 (down by ₹20) Silver per kg (bullion): ₹2.80 lakh (down by ₹20,000)

Gold prices, which had been rising steadily to record levels, witnessed a sharp reversal over the last two days. On January 29, one sovereign of gold touched an all-time high of ₹1,34,400. However, prices fell dramatically, dropping by ₹950 per gram and ₹7,600 per sovereign in a single day, and continued to decline for the second consecutive day. As of today in Chennai, 22-carat gold is priced at ₹13,950 per gram and ₹1,11,600 per sovereign. Overall, gold has fallen by ₹1,900 per gram and ₹15,200 per sovereign from its recent peak levels. Silver prices also witnessed a decline today, falling by ₹20 per gram. Silver is currently selling at ₹300 per gram and ₹3 lakh per kilogram in the Chennai market.

Gold and silver prices in Chennai continued their downward trend this morning, offering further relief to buyers after recent highs. As of 9:32 AM, the price of 22-carat gold has fallen to ₹14,900 per gram, down by ₹950. 18-carat gold is now priced at ₹12,800 per gram, a decrease of ₹500. Silver has also seen a sharp decline, now trading at ₹350 per gram, down by ₹55. Last 2 Days Trend:In the last two days, the price of gold has dropped sharply by ₹15,200 per sovereign. As of today, one sovereign (8 grams) is priced at ₹1,19,200, while one gram stands at ₹14,900. Today’s Morning Rates (31.01.2026): 22K Gold: ₹14,900 per gram | ₹1,19,200 per sovereign18K Gold: ₹12,800 per gramSilver: ₹350 per gram Market analysts say the sustained decline could encourage more customers to return to jewellery purchases after the steep price surge seen in recent weeks.

Gold and silver prices recorded a notable decline today, offering temporary relief to buyers after the recent surge in precious metal rates. As of 9:44 AM this morning, 22-carat gold is priced at ₹16,200 per gram, down by ₹600 from yesterday’s rate of ₹16,800 per gram. Similarly, 18-carat gold has fallen by ₹400, now trading at ₹13,500 per gram. Silver prices have also dipped. The rate of silver stands at ₹415 per gram, marking a ₹10 drop from yesterday’s price of ₹425 per gram. Yesterday’s Rates (Jan 29, 2026): 24K Gold: ₹18,327 per gram | ₹1,46,616 per 8 grams22K Gold: ₹16,800 per gram | ₹1,34,400 per 8 gramsSilver: ₹425 per gram Market experts say the decline may encourage fresh buying, especially from jewellery customers, after the sharp price hikes witnessed in recent weeks.   

Gold prices in Chennai have surged uncontrollably, creating widespread concern among middle-class families. Once known for occasional spikes, gold prices are now witnessing sharp fluctuations every day, with rates changing between morning and afternoon sessions. On the previous day, gold shocked buyers by recording the highest single-day rise in history. Prices increased by ₹370 per gram and ₹2,960 per sovereign in the morning, followed by another jump of ₹280 per gram and ₹2,240 per sovereign in the afternoon. In total, gold surged by ₹650 per gram and ₹5,200 per sovereign, closing at ₹15,610 per gram and ₹1,24,880 per sovereign. The rally intensified today as 22-carat gold price in Chennai shot up by a massive ₹9,520 per sovereign in a single day. Gold is now being sold at ₹1,34,400 per sovereign and ₹16,800 per gram, marking a new all-time high. Over the past 10 days alone, gold prices have climbed by ₹18,640 per sovereign, raising fears that gold may soon become unaffordable for many households. Silver prices have also followed the upward trend. Today, silver rose by ₹25 per gram to reach ₹425 per gram, while silver bars are priced at ₹4.25 lakh. Experts believe that although gold prices may remain volatile in the coming days, occasional corrections are possible. However, the current surge reflects strong global market pressure and growing investor demand for safe-haven assets. Last 5 Days Gold Price (22 Carat – Per Sovereign) 28-01-2026: ₹1,24,880 27-01-2026: ₹1,19,680 26-01-2026: ₹1,20,200 25-01-2026: ₹1,18,000 24-01-2026: ₹1,18,000 Last 5 Days Silver Price (Per Gram) 28-01-2026: ₹400 27-01-2026: ₹387 26-01-2026: ₹375 25-01-2026: ₹365 24-01-2026: ₹365

Gold prices have been fluctuating over the past few days. After a rapid rise, prices dipped slightly, only to surge again today to a new all-time high. The day before yesterday, gold reached ₹15,025 per gram and ₹1,20,200 per sovereign. Yesterday, the price declined by ₹65 per gram to ₹14,960 and by ₹520 per sovereign to ₹1,19,680. However, today (28th Jan 2026 )gold prices jumped sharply by ₹370 per gram to ₹15,330 and by ₹2,960 per sovereign to ₹1,22,640, setting a fresh record. Silver prices also rose alongside gold. Today, silver increased by ₹13 per gram, selling at ₹400 per gram and ₹4,00,000 per silver bar. Gold Price Trends (Last 5 Days – 22 Carat, One Sovereign): 27-01-2026: ₹1,19,68026-01-2026: ₹1,20,20025-01-2026: ₹1,18,00024-01-2026: ₹1,18,00023-01-2026: ₹1,16,400 Silver Price Trends (Last 5 Days – Per Gram): 27-01-2026: ₹38726-01-2026: ₹37525-01-2026: ₹36524-01-2026: ₹36523-01-2026: ₹345

Gold prices in Chennai, which have been fluctuating in line with global market trends, witnessed a slight decline today after touching a record high earlier this week. On January 26, gold prices crossed ₹15,000 per gram for the first time, with 22-carat gold selling at ₹1,20,200 per sovereign. However, prices eased today, with 22-carat gold falling by ₹520 per sovereign to ₹1,19,680. The price per gram dropped by ₹65, settling at ₹14,960. Despite the minor dip, gold prices have remained on a strong upward trend since the beginning of the year, driven by continued investment interest. Silver Price Update Silver prices rose today, with silver increasing by ₹12 per gram to trade at ₹387 per gram. Bar silver is priced at ₹3.87 lakh per kg.

Gold prices in Chennai have continued their sharp upward trend, creating concern among buyers. After fluctuating over the past few days, gold has once again reached a new peak due to ongoing volatility in the international market. As per the latest update, the price of 22-carat gold in Chennai has increased by ₹560 per sovereign, taking the price to ₹1,16,960 per sovereign. The per gram rate has risen by ₹70, with gold now selling at ₹14,620 per gram. Over the last 10 days, gold prices have surged significantly, reaflecting strong global market uncertainty and investor demand for safe-haven assets. Silver prices have also witnessed a sharp rise. The price of silver has increased by ₹10,000 per kg, with silver now trading at ₹3,55,000 per kg, while the per gram rate stands at ₹355. Market experts indicate that gold and silver prices may continue to remain volatile in the coming days due to international economic conditions.

After a continuous surge, gold and silver prices saw a slight decline yesterday. However, today (January 23, 2026), both metals have reached new record highs once again. Gold prices had been rising at a “jet” speed, crossing ₹1,15,000 per sovereign the day before yesterday and touching an all-time high. On that day, one gram of gold was sold at ₹14,415 and one sovereign at ₹1,15,320. Yesterday, prices dipped slightly by ₹215 per gram and ₹1,720 per sovereign, bringing the rates down to ₹14,200 per gram and ₹1,13,600 per sovereign. Similarly, silver prices also fell yesterday by ₹5 per gram and ₹5,000 per kilogram, with rates standing at ₹340 per gram and ₹3,40,000 per kilogram. Today’s Prices (January 23, 2026): Gold: Increased by ₹3,600 per sovereign to ₹1,17,200; up ₹450 per gram to ₹14,650. Silver: Increased by ₹20,000 per kilogram to ₹3,60,000; up ₹20 per gram to ₹360. Gold Price Trend (Last 6 Days): 23.01.2026 – ₹1,17,200 per sovereign22.01.2026 – ₹1,13,600 per sovereign21.01.2026 – ₹1,15,320 per sovereign20.01.2026 – ₹1,11,200 per sovereign19.01.2026 – ₹1,07,600 per sovereign18.01.2026 – ₹1,06,240 per sovereign The sharp fluctuations highlight continued volatility in precious metal prices, with gold and silver maintaining an overall upward trend despite short-term dips.

In recent days, gold prices have been changing twice a day – once in the morning and again in the afternoon. Accordingly, the day before yesterday, the price rose by Rs. 3,600 per sovereign in a single day. Yesterday, the surge continued. The day before yesterday, one gram of gold was sold at Rs. 13,900 and one sovereign at Rs. 1,11,200. According to yesterday morning’s rates, the price increased by Rs. 350 per gram and Rs. 2,800 per sovereign. By the afternoon, it further increased by Rs. 165 per gram and Rs. 1,320 per sovereign. Thus, in a single day, gold prices rose by Rs. 515 per gram and Rs. 4,120 per sovereign, with one gram selling at Rs. 14,415 and one sovereign at Rs. 1,15,320. In just the last three days, gold prices have surged by Rs. 1,135 per gram and Rs. 9,080 per sovereign. While gold prices have caused concern on one side, silver prices have shocked consumers on the other. Silver has also been soaring to unprecedented levels. Yesterday, silver prices increased by Rs. 5 per gram and Rs. 5,000 per kilogram, with one gram selling at Rs. 345 and one kilogram at Rs. 3,45,000. However, today(22.01.2026), gold prices have dropped sharply. In Chennai, the price of 22-carat gold jewellery has decreased by Rs. 1,720 per sovereign and is now being sold at Rs. 1,13,600. The price per gram has decreased by Rs. 215 and is now Rs. 14,200. Silver prices have also seen a notable decline today. The price of silver has fallen by Rs. 5 per gram, with one gram selling at Rs. 340 and one kilogram at Rs. 3,40,000. Last Five Days’ Gold Price Trend (22-carat) 21-01-2026: Rs. 1,15,320 per sovereign20-01-2026: Rs. 1,11,200 per sovereign19-01-2026: Rs. 1,07,600 per sovereign18-01-2026: Rs. 1,06,240 per sovereign17-01-2026: Rs. 1,06,240 per sovereign Last Five Days’ Silver Price Trend 21-01-2026: Rs. 345 per gram20-01-2026: Rs. 340 per gram19-01-2026: Rs. 318 per gram18-01-2026: Rs. 310 per gram17-01-2026: Rs. 310 per gram The sharp fluctuations in gold and silver prices have created uncertainty among buyers, especially those planning purchases for weddings and auspicious occasions.