Gold prices in Chennai continue to fluctuate sharply, changing twice a day – once in the morning and again in the evening – and touching record highs. This sudden surge has come as a shock to people planning to purchase gold for upcoming auspicious occasions.
Today, the price of gold recorded a slight increase. The price rose by Rs. 50 per gram, with one gram of gold selling at Rs. 12,800. Similarly, the price of gold increased by Rs. 400 per sovereign, taking the cost of one sovereign (22 carat) to Rs. 1,02,400.
In contrast, silver prices declined today after witnessing steady gains in recent days. The price of silver dropped by Rs. 4 per gram, with one gram now priced at Rs. 268. A kilogram silver bar is currently selling at Rs. 2,68,000.
Gold Price Trend (Last Five Days – 22 Carat)
08-01-2026: Rs. 1,02,000 per sovereign
07-01-2026: Rs. 1,02,400 per sovereign
06-01-2026: Rs. 1,02,640 per sovereign
05-01-2026: Rs. 1,02,080 per sovereign
04-01-2026: Rs. 1,00,800 per sovereign
Silver Price Trend (Last Five Days)
08-01-2026: Rs. 272 per gram
07-01-2026: Rs. 277 per gram
06-01-2026: Rs. 271 per gram
05-01-2026: Rs. 266 per gram
04-01-2026: Rs. 257 per gram
Market experts note that global economic factors and investor demand continue to influence daily fluctuations in precious metal prices. Buyers are advised to closely monitor price movements before making purchasing decisions.
