Gold News

Gold prices in Chennai have been witnessing sharp fluctuations over the past few days. After briefly crossing the ₹1 lakh per sovereign mark, gold rates saw a sudden decline, followed by a marginal increase today, reflecting continued volatility in the market. On December 16, the price of gold dropped sharply by ₹1,320 per sovereign, pushing it back below the ₹1 lakh level. This decline brought temporary relief to jewellery buyers and investors who were concerned about the steep rise in prices. Gold Prices Today (December 17) As of today, the price of 22-carat ornamental gold in Chennai has edged up slightly: ₹12,400 per gram ₹99,200 per sovereign (8 grams) Compared to the previous day, gold prices have increased by ₹50 per gram and ₹400 per sovereign. Silver Prices Touch Record Levels Along with gold, silver prices in the Chennai market have also reached record highs: ₹222 per gram ₹2,22,000 per kilogram Market Outlook Gold prices recently touched an all-time high of over ₹1 lakh per sovereign before undergoing a correction. Market experts attribute the frequent price movements to international market trends, fluctuations in currency values, and broader global economic factors. With both gold and silver prices continuing to show volatility, buyers and investors are closely monitoring market conditions before making purchasing decisions.

As many people avoid investing in the stock market, gold has emerged as the preferred investment for securing future financial stability. This growing shift has significantly increased global demand for the precious yellow metal, leading to a sharp surge in gold prices. Due to this high demand, gold prices have been skyrocketing. Ahead of the Diwali festival, gold prices rose at a rapid pace. While it was initially expected that gold would touch ₹1 lakh per sovereign before Diwali, it reached ₹96,000 and then eased slightly. However, over the past few months, gold prices have repeatedly hit new all-time highs, creating strong volatility in the market. The continuous rise in prices has made gold an unattainable dream for poor and middle-class families. In a bid to grow their savings quickly, some people have even started investing in gold by taking loans from banks and financial institutions. Rapid Price Rise Shocks Buyers On December 9, one gram of gold was priced at ₹12,000, while a sovereign was sold at ₹96,000. Prices then continued to rise gradually. By December 13, gold reached ₹12,370 per gram and ₹98,960 per sovereign. As the previous day was a holiday, the same rates continued. Yesterday morning, gold prices rose by ₹90 per gram to ₹12,460 and by ₹720 per sovereign to ₹99,680. Many believed that prices would not cross the ₹1 lakh mark. However, within hours, another sharp increase shocked buyers. By noon, gold prices rose again by ₹55 per gram, taking the price to ₹12,515 per gram and ₹1,00,120 per sovereign. In a single day, gold prices increased by ₹145 per gram and ₹1,160 per sovereign. This unprecedented rise caused widespread concern, especially among housewives. Sharp Decline After Record High After crossing the historic ₹1 lakh mark per sovereign yesterday, gold prices dropped sharply today. The price of gold fell by ₹165 per gram, bringing it down to ₹12,350 per gram. The price of a sovereign decreased by ₹1,320, settling at ₹98,800. Silver Prices Also Fall Silver prices also witnessed a significant decline today. The price of silver fell by ₹4 per gram, with one gram selling at ₹211. The price of a kilogram of silver dropped by ₹4,000, with silver bars now selling at ₹2,11,000. Last Five Days’ Gold Prices (22 Carat – One Sovereign) – 15-12-2025: ₹1,00,120 – 14-12-2025: ₹98,960 – 13-12-2025: ₹98,960 – 12-12-2025: ₹98,960 – 11-12-2025: ₹96,400 Last Five Days’ Silver Prices (One Gram) – 15-12-2025: ₹215 – 14-12-2025: ₹210 – 13-12-2025: ₹210 – 12-12-2025: ₹216 – 11-12-2025: ₹209

Gold prices continued their upward trend in Chennai today, touching a fresh high and moving closer to the ₹1 lakh mark per sovereign. The price of 22-carat gold jewellery increased by ₹720 per sovereign, taking the rate to ₹99,680 per sovereign. On a per-gram basis, gold rose by ₹90, and is now being sold at ₹12,460 per gram. The surge is attributed to heavy investments by international investors in gold. Due to the continuous rise in global gold prices, domestic prices have also been hitting new highs. In Tamil Nadu, the price of 22-carat gold had already crossed ₹95,000 per sovereign in October. On October 21, gold touched a then record high of ₹97,600 per sovereign. Although prices fluctuated thereafter, they did not surpass that level until recently. Over the past few days, gold prices have been steadily increasing. Last Friday (December 12), gold prices rose sharply. In the morning, the price increased by ₹200 per gram, reaching ₹12,250, while the price per sovereign jumped by ₹1,600 to ₹98,000. Silver also rose by ₹6 per gram, selling at ₹215. Later that evening, gold prices climbed again by ₹120 per gram, reaching ₹12,370, while the price per sovereign rose by ₹960 to ₹98,960. There was no change in gold prices on Saturday (December 13) and Sunday (December 14) due to the weekend. Today (December 15), gold resumed its upward movement, reaching an all-time high of ₹99,680 per sovereign. The rapid rise, with prices nearing ₹1 lakh per sovereign, has come as a shock to jewellery buyers. Meanwhile, silver prices increased by ₹3 per gram today and are being sold at ₹213 per gram.

Gold prices in the city remained unchanged on December 13, holding at their highest level so far this year. The yellow metal is currently priced at ₹98,960 per sovereign (8 grams) and ₹12,370 per gram. The ongoing gold rally is attributed to the US Federal Reserve’s much-anticipated interest rate cut and its signal of further monetary easing next year. This has weakened the US dollar and boosted global safe-haven demand. Additionally, the record-low rupee has supported higher domestic gold prices. Earlier, gold had touched its previous yearly high of ₹97,600 per sovereign (₹12,200 per gram) on October 17. From January 1, when gold was priced at ₹57,200 per sovereign (₹7,150 per gram), prices have surged by ₹41,760, marking a sharp 73% increase. Meanwhile, silver prices declined by ₹6 to ₹210 per gram (₹2,10,000 per kg). On December 12, silver was priced at ₹216 per gram. Gold Price (22-carat) – Last 5 Days December 12, 2025: ₹98,960 per sovereign | ₹12,370 per gramDecember 11, 2025: ₹96,400 per sovereign | ₹12,050 per gramDecember 10, 2025: ₹96,240 per sovereign | ₹12,030 per gramDecember 9, 2025: ₹96,000 per sovereign | ₹12,000 per gramDecember 8, 2025: ₹96,320 per sovereign | ₹12,040 per gram Silver Price – Last 5 Days December 12, 2025: ₹216 per gramDecember 11, 2025: ₹209 per gramDecember 10, 2025: ₹207 per gramDecember 9, 2025: ₹199 per gramDecember 8, 2025: ₹198 per gram

Gold prices continue their steep upward climb, with 22-carat ornamental gold touching ₹98,000 per sovereign today – an unprecedented rise of ₹1,600 in a single day. The price per gram has also jumped by ₹200, now selling at ₹12,250. Sharp Rise Over the Past 3 Days Dec 10: – Gold rose by ₹30 per gram (₹12,030). – Sovereign increased by ₹240 (₹96,240). – Silver climbed by ₹8 per gram (₹207).  Dec 11: – Sovereign gold rose by ₹160 (₹96,400). – Price per gram increased by ₹20 (₹12,050). – Silver moved up by ₹2 per gram (₹209). Dec 12 (Today): – Massive jump of ₹1,600 per sovereign (₹98,000). – Silver touched a new high at ₹215 per gram, up by ₹6. Reason Behind the Spike Jewellers attribute the continuous surge to fluctuating international market conditions, which have been pushing domestic prices to record levels. With today’s increase, the gold price per sovereign is now just a step away from the ₹1 lakh milestone, leaving both buyers and jewellers stunned.

The prices of gold and silver have begun rising once again, competing closely with each other. After experiencing a similar surge in October followed by a dip in November, both metals are now gaining momentum. This time, silver is witnessing an exceptional rise, seemingly “overtaking” gold in its upward trend. Yesterday alone, the price of silver increased by Rs. 8 per gram and Rs. 8,000 per kilogram, reaching Rs. 207 per gram and Rs. 207,000 per kilogram. This matches the previous highest price recorded on October 15th, and silver has now climbed back to that level. Gold prices also saw an increase yesterday, rising by Rs. 30 per gram and Rs. 240 per sovereign, selling at Rs. 12,030 per gram and Rs. 96,240 per sovereign. Today, gold prices have edged up further, increasing by Rs. 20 per gram and Rs. 160 per sovereign, with one gram now priced at Rs. 12,050 and one sovereign at Rs. 96,400. Silver prices have also reached a new high today, rising by Rs. 2 per gram and Rs. 2,000 per kilogram, now selling at Rs. 209 per gram and Rs. 209,000 per kilogram. Gold Price Trend in Recent Days: 11.12.2025: Rs. 96,400 per sovereign 10.12.2025: Rs. 96,240 per sovereign 09.12.2025: Rs. 96,000 per sovereign 08.12.2025: Rs. 96,320 per sovereign 07.12.2025: Rs. 96,320 per sovereign 06.12.2025: Rs. 96,320 per sovereign 05.12.2025: Rs. 96,000 per sovereign Both gold and silver continue to show strong upward movement, with silver currently leading the surge.

The cost of gold has increased to Rs. 240 per sovereign on Today Morning (December 10, 2025). The cost of the gold rate has increased to Rs. 30 per gram. The gold rate has increased and one sovereign was worth Rs. 96,240.00 and a gram was Rs. 12,030.00. The cost of 1 gram of pure gold (24 K) is now Rs. 13,123.00. A kilo of silver is priced at Rs. 207,000.00 and a gram is worth Rs. 207.00.

After remaining steady for a day, gold prices fell by ₹320 per sovereign on December 9, bringing the rate down to ₹96,000 per sovereign (8g) and ₹12,000 per gram a decline of ₹40 per gram. On December 8, the metal was priced at ₹96,320 per sovereign and ₹12,040 per gram. The month has seen sharp fluctuations. On November 29, gold touched ₹95,840 per sovereign, the highest in November, even as rates briefly slipped below ₹90,000 per sovereign. Earlier, on October 17, gold had surged to this year’s peak of ₹97,600 per sovereign, before dropping to ₹88,600 per sovereign on October 28. According to market analysts, the current rally is supported by expectations of a US Federal Reserve rate cut and increased safe-haven buying. They believe gold could climb back to record highs if global economic uncertainties persist. Since January 1, when gold was priced at ₹57,200 per sovereign, the metal has risen to ₹96,000 per sovereign, marking a massive increase of ₹38,800 about 67.8%. Meanwhile, silver prices inched up by ₹1, now standing at ₹199 per gram (₹1,99,000 per kg). Gold Price (22K) – Last 5 Days Dec 8, 2025: ₹96,320 per sovereign | ₹12,040 per gramDec 6, 2025: ₹96,320 per sovereign | ₹12,040 per gramDec 5, 2025: ₹96,000 per sovereign | ₹12,000 per gramDec 4, 2025: ₹96,160 per sovereign | ₹12,020 per gramDec 3, 2025: ₹96,480 per sovereign | ₹12,020 per gram Silver Price – Last 5 Days Dec 8, 2025: ₹198 per gramDec 6, 2025: ₹199 per gramDec 5, 2025: ₹196 per gramDec 4, 2025: ₹200 per gramDec 3, 2025: ₹201 per gram

Gold prices remain unchanged today (December 8), providing stability for consumers amidst fluctuating international trends. As of today, the price of 22-karat gold stands at ₹12,040 per gram, while 1 sovereign (8 grams) is priced at ₹96,320. Last week, gold prices witnessed a sharp rise due to global market movement. However, the current slowdown in the international market has resulted in no change in domestic gold rates today. This stability in prices comes as welcome news, especially during the auspicious Subhamuhurtha month, when jewelry purchases traditionally increase. With many families planning weddings and auspicious events this season, the steady gold price has brought significant relief and confidence to buyers who were worried about continuous price hikes. Gold traders expect the prices to remain largely stable over the next few days unless there is a sudden shift in global economic conditions.   

Gold prices, which shocked buyers by reaching a historic high of ₹97,600 per sovereign on October 17, have been fluctuating ever since. After a brief decline, prices began moving upward again over the past few days. As of the day before yesterday, gold increased by ₹20 per gram and ₹160 per sovereign, selling at ₹12,060 per gram and ₹96,480 per sovereign. However, yesterday the price dropped slightly ₹40 per gram and ₹320 per sovereign bringing the rate to ₹12,020 per gram and ₹96,160 per sovereign. Silver also witnessed a mild dip yesterday, decreasing by ₹1 per gram and ₹1,000 per kilogram, and was sold at ₹200 per gram and ₹2,00,000 per kilogram. Today ( Dec 5) , gold prices have declined further. Gold has decreased by ₹20 per gram and ₹160 per sovereign, now selling at ₹12,000 per gram and ₹96,000 per sovereign. Silver prices have also dropped again today. Silver has fallen by ₹4 per gram and ₹4,000 per kilogram, and is now priced at ₹196 per gram and ₹1,96,000 per kilogram. Gold Price Trend Over the Last 5 Days 05.12.2025 – ₹96,000 per sovereign (Today)04.12.2025 – ₹96,160 per sovereign03.12.2025 – ₹96,480 per sovereign02.12.2025 – ₹96,320 per sovereign01.12.2025 – ₹96,560 per sovereign30.11.2025 – ₹95,840 per sovereign