Gold prices in Chennai have declined today, reversing the upward trend seen in recent days and indicating a slight cooling in market momentum.
As per the latest update, the price of 22K gold has dropped to ₹14,210 per gram, marking a decrease of ₹150 compared to yesterday’s rate of ₹14,360. This brings the price of gold to ₹1,13,680 per sovereign (8 grams).
Similarly, 18K gold is now priced at ₹11,860 per gram, registering a fall of ₹120 per gram.
Meanwhile, silver prices remain unchanged today. The rate of silver stands steady at ₹275 per gram, showing no variation from the previous day.
The decline in gold prices reflects a short-term correction in the market after recent gains, while silver continues to hold steady. Buyers may see this dip as an opportunity, while investors remain cautious, closely watching global cues and currency movements for further direction.
