Gold prices in Chennai have seen a slight decline today, taking a pause after the strong upward momentum witnessed over the weekend.
As per the latest update, 22-carat gold is priced at ₹13,600 per gram, marking a drop of ₹60. On a sovereign basis, the price now stands at ₹1,08,800, down by ₹480.
Similarly, 18-carat gold is being sold at ₹11,345 per gram, reflecting a decrease of ₹55.
This dip comes after Saturday’s sharp surge, where gold prices had risen significantly, driven by renewed buying interest and positive market sentiment. Today’s fall suggests a mild correction following that strong rally.
Meanwhile, silver prices remain unchanged at ₹250 per gram, showing no movement compared to the previous session.
Market experts say that such fluctuations are expected, as gold prices continue to react to global trends, currency movements, and investor demand. With volatility persisting, buyers are advised to keep a close watch on daily price changes before making any purchase decisions.
