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Gold Prices Surge Sharply in Chennai: Significant Hike on the First Day of the Week

On the first day of the week, gold prices in Chennai witnessed a sharp increase, bringing a notable rise in rates for various purity levels. The price of 22-carat gold has increased by ₹110 per gram, now retailing at ₹11,410 per gram. Consequently, the price of a sovereign (8 grams) has risen by ₹880, and is now being sold at ₹91,280 per sovereign. Similarly, the price of 18-carat gold has gone up by ₹90 per gram, reaching ₹9,515 per gram. The price of an 18-carat sovereign has increased by ₹720, now selling at ₹76,120 per sovereign. Silver prices too have recorded an upward movement. The price of silver has risen by ₹2 per gram, currently sold at ₹167 per gram, while a silver sovereign (1 kg) is priced at ₹1,67,000. Market experts attribute this sudden rise to fluctuations in global bullion rates and increased demand ahead of the festive season.

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Gold Rate Increased Today Morning (08.11.2025)

The cost of gold has increased to Rs. 240 per sovereign on Today Morning (November 08, 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. 90400.00 and a gram was Rs. 11300.00. The cost of 1 gram of pure gold (24 K) is now Rs. 12327.00. A kilo of silver is priced at Rs. 165,000.00 and a gram is worth Rs. 165.00.

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Gold Price Drops Again in Chennai; Offers Relief to Middle-Class Buyers

The price of gold in Chennai has started to decline once again. After witnessing an upward trend over the past few days, the slight dip has renewed interest among buyers, especially middle-class families and small investors. The recent surge in gold prices had reduced the purchasing power of the public, but the latest decrease has brought relief and optimism ahead of the festive and wedding season. As of today, the price of gold in Chennai has fallen by Rs. 50 per gram, bringing the rate down to Rs. 11,270 per gram (22K). Similarly, the price of one sovereign has decreased by Rs. 400, now selling at Rs. 90,160. Jewellers say this is a favourable opportunity for customers planning gold purchases for weddings and other important events. The change in prices over the last 48 hours has boosted confidence among buyers. In contrast, silver prices have remained stable. The price of 1 gram of silver continues at Rs. 165, while 1 kg of silver is unchanged at Rs. 1,65,000. The steady silver rate has ensured that household budgets remain unaffected. Economists note that the earlier rise in gold prices was influenced by two key factors: global central banks increasing their gold reserves, and investors turning to gold as a safe investment amid global economic uncertainties. These conditions have led to frequent fluctuations in the gold market. However, the current slight decline is seen as a positive sign for consumers, especially with the upcoming festive and wedding season.

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Gold and Silver Prices Rise Again in Chennai

After consecutive days of decline, gold prices in Chennai rebounded on Thursday, registering a notable increase. The price of gold jewellery rose by ₹560 per sovereign, bringing the rate to ₹90,000 per sovereign. On a per-gram basis, the price increased by ₹70, now standing at ₹11,250 per gram. Earlier this week, gold prices had fallen sharply. On Tuesday, the price dropped by ₹800 per sovereign, and again on Wednesday by ₹560, reaching ₹89,440 per sovereign (₹11,180 per gram). This amounted to a total decline of ₹1,360 per sovereign over two days before the latest recovery. Silver Price Update: In tandem with gold, silver prices also witnessed an upward movement. The price of silver increased by ₹1 per gram to ₹164, while one kilogram of bullion silver rose by ₹1,000, now selling at ₹1.64 lakh per kilogram. With these changes, the bullion market in Chennai has shown signs of stabilization after a brief period of fluctuation in precious metal prices.

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Gold and Silver Prices Continue to Decline in Chennai on November 5

After touching record highs in October, gold prices have continued their downward trend following the Diwali festival. The sharp increase seen last month has now eased, offering some relief to consumers. On Monday (November 4), the price of 22-carat gold fell by Rs. 100 per gram, bringing the rate to Rs. 11,250 per gram. The price of a sovereign dropped by Rs. 800, selling at Rs. 90,000. Continuing this trend, gold prices declined further today. Gold Price Today (November 5) 22-Carat Gold Price decrease: Rs. 70 per gramNew rate: Rs. 11,180 per gramSovereign price decrease: Rs. 560New sovereign rate: Rs. 89,440 18-Carat Gold Price decrease: Rs. 65 per gramNew rate: Rs. 9,325 per gramSovereign price decrease: Rs. 520New sovereign rate: Rs. 74,600 Silver Price Today (November 5) Silver prices have also fallen: Price decrease: Rs. 2 per gramNew rate: Rs. 163 per gramPrice per kilogram: Rs. 1,63,000 The continuous decline in gold and silver prices is viewed as a correction after last month’s historic surge, and is expected to influence buying patterns in the coming days.

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Gold Prices Drop Sharply by Rs. 800 per Sovereign in Chennai!

In a surprising turn of events, gold prices in Chennai have dropped sharply today (November 4), bringing relief to those planning to buy jewellery. The price of 22-carat gold has fallen by Rs. 100 per gram, resulting in a decrease of Rs. 800 per sovereign. With this drop, one gram of 22-carat gold now costs Rs. 11,250, while one sovereign is priced at Rs. 90,000. Fluctuating Trend Since November Gold prices have been fluctuating continuously since the beginning of November. After witnessing frequent sharp increases in October, when prices reached unprecedented highs during the Diwali festive season, rates have now begun to decline gradually. Yesterday’s Rise, Today’s Fall On November 3, the price of gold had increased slightly – by Rs. 40 per gram – bringing the cost of one gram to Rs. 11,350 and one sovereign to Rs. 90,800. However, today’s sharp decline has reversed those gains. 18-Carat Gold Prices The price of 18-carat gold has also seen a notable dip today. It has decreased by Rs. 85 per gram, with one gram priced at Rs. 9,390 and one sovereign at Rs. 75,120. Silver Prices Also Fall Similar to gold, silver prices have also dropped. Silver rates fell by Rs. 3 per gram, now selling at Rs. 165 per gram and Rs. 1,65,000 per kilogram. This sudden decline in both gold and silver prices comes as welcome news for jewellery buyers and investors hoping for lower market rates in the coming days.

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Gold Prices Rise by Rs 320 per Sovereign in Chennai

On the first day of the week, gold prices in Chennai saw a sharp rise. The price of 22-carat ornamental gold increased by ₹320 per sovereign, bringing the rate to ₹90,800 per sovereign. Likewise, the price of gold per gram rose by ₹40, now selling at ₹11,350 per gram. The increase follows fluctuations in the international market that continue to impact domestic gold prices. On Saturday (Nov. 1), gold prices had already risen by ₹80 per sovereign, reaching ₹90,480 per sovereign, while the rate per gram stood at ₹11,310. Silver prices had also gone up slightly by ₹1 per gram, selling at ₹166. With today’s hike, gold prices have shown steady upward movement, reflecting the ongoing volatility in global markets.

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Gold Rate Increased Today Morning (01.11.2025)

The cost of gold has increased to Rs. 80 per sovereign on Today Morning (November 01, 2025). The cost of the gold rate has increased to Rs. 10 per gram. The gold rate has increased and one sovereign was worth Rs. 90480.00 and a gram was Rs. 11310.00. The cost of 1 gram of pure gold (24 K) is now Rs. 12338.00. A kilo of silver is priced at Rs. 166,000.00 and a gram is worth Rs. 166.00.

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Gold Price Falls by Rs. 1,800 per Sovereign in Chennai

The price of gold in Chennai has dropped by Rs. 1,800 per sovereign, bringing relief to buyers after several days of fluctuating rates. In recent weeks, gold prices had surged to unprecedented levels but have been showing a gradual decline over the past few days. This week, prices fell during the first two days, then saw a sharp increase of Rs. 2,000 per sovereign on Wednesday. As of Thursday morning, the price of 22-carat gold stands at Rs. 11,100 per gram, down by Rs. 225, while one sovereign (8 grams) is priced at Rs. 88,800. Meanwhile, silver prices have also seen a slight dip – falling by Rs. 1 per gram to Rs. 165, with one kilogram of silver selling at Rs. 1,65,000. The recent decline in gold prices has brought some comfort and optimism among jewelry buyers and investors in the city.

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Gold Rate Increased Today Morning (29.10.2025)

The cost of gold has increased to Rs. 1080 per sovereign on Today Morning (October 29, 2025). The cost of the gold rate has increased to Rs. 135 per gram. The gold rate has increased and one sovereign was worth Rs. 89680.00 and a gram was Rs. 11210.00. The cost of 1 gram of pure gold (24 K) is now Rs. 12229.00. A kilo of silver is priced at Rs. 166,000.00 and a gram is worth Rs. 166.00.

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