After rising on the 10th and 11th of this month, gold prices have been declining over the past few days in Chennai. Two days ago, the price of ornamental gold fell by ₹1,120 per sovereign, bringing the rate down to ₹1,18,080 per sovereign, while the price per gram dropped by ₹140 to ₹14,760.
As yesterday was a holiday, there was no change in the gold price. However, the downward trend has continued today for the fourth consecutive day. The price of gold has decreased by ₹400 per sovereign and ₹50 per gram. Currently, ornamental gold in Chennai is being sold at ₹1,17,680 per sovereign and ₹14,710 per gram.
Silver Prices Also Decline
Silver prices have also dropped today. The price of silver has decreased by ₹4 per gram and ₹4,000 per kilogram. As a result, silver is now being sold at ₹276 per gram and ₹2,76,000 per kilogram.
Gold Price Trend – Last 5 Days (Per Sovereign)
16.03.2026 – ₹1,17,680
15.03.2026 – ₹1,18,080
14.03.2026 – ₹1,18,080
13.03.2026 – ₹1,19,200
12.03.2026 – ₹1,19,760
