by Interns_team | Feb 3, 2026 | Gold News, News
The price of ornamental gold in Chennai increased today (February 3), with the rate going up by ₹640 per sovereign, reversing the recent downward trend in gold prices.
Gold Price Movement in Recent Days
Gold prices had been witnessing a steady rise in recent weeks. However, from January 30, prices began to decline sharply.
Over the last two days alone, gold prices fell by ₹15,200 per sovereign, and on Saturday, one sovereign was sold at ₹1,19,200.
On Monday, the first trading day of the week, gold prices declined further:
₹950 drop per gram, selling at ₹13,950
₹7,600 drop per sovereign, selling at ₹1,11,600
Today’s Gold Rate in Chennai (Feb 3)
Following the decline, gold prices have rebounded today:
Gold per sovereign: ₹1,12,240 (up by ₹640)
Gold per gram: ₹14,030 (up by ₹80)
Silver Price Update
Silver prices, meanwhile, recorded a decline today:
Silver per gram: ₹280 (down by ₹20)
Silver per kg (bullion): ₹2.80 lakh (down by ₹20,000)
by vellorecity | Feb 2, 2026 | Gold News, News
Gold prices in Chennai fell sharply today (December 31), bringing some relief to buyers after days of steady gains. The price of one sovereign (8 grams) of gold has dropped by ₹400, and is now being sold at ₹1,00,400.
Today’s Gold Rates in Chennai
22-carat gold: Down by ₹50 per gram, now at ₹12,550 per gram
24-carat gold: Down by ₹55 per gram, now at ₹13,690 per gram
24-carat gold (1 sovereign): Down by ₹440, now priced at ₹1,09,528
Silver Price Today
There is no change in silver prices today:
Silver (per gram): ₹258
Silver (per kilogram): ₹2,58,000
Silver prices had touched recent highs over the past few days and are currently holding steady.
by vellorecity | Feb 2, 2026 | Gold News, News
After touching record highs earlier this week, gold prices in Chennai witnessed a decline on Sunday (December 29). The price of 22-carat jewellery gold fell by ₹640 per sovereign, offering slight relief to buyers.
With this reduction, gold is now being sold at ₹13,020 per gram, while the price of one sovereign (8 grams) stands at ₹1,04,160.
Silver prices also moved downward today. The metal recorded a drop of ₹4 per gram, and silver is currently priced at ₹281 per gram in the Chennai market.
Market observers note that while short-term fluctuations continue, precious metal prices remain sensitive to global economic cues and investor sentiment. Buyers are closely watching trends amid ongoing volatility in international markets.
by Interns_team | Jan 31, 2026 | Gold News, News
Gold and silver prices in Chennai continued their downward trend this morning, offering further relief to buyers after recent highs.
As of 9:32 AM, the price of 22-carat gold has fallen to ₹14,900 per gram, down by ₹950. 18-carat gold is now priced at ₹12,800 per gram, a decrease of ₹500.
Silver has also seen a sharp decline, now trading at ₹350 per gram, down by ₹55.
Last 2 Days Trend:
In the last two days, the price of gold has dropped sharply by ₹15,200 per sovereign. As of today, one sovereign (8 grams) is priced at ₹1,19,200, while one gram stands at ₹14,900.
Today’s Morning Rates (31.01.2026):
22K Gold: ₹14,900 per gram | ₹1,19,200 per sovereign
18K Gold: ₹12,800 per gram
Silver: ₹350 per gram
Market analysts say the sustained decline could encourage more customers to return to jewellery purchases after the steep price surge seen in recent weeks.
by Interns_team | Jan 29, 2026 | Gold News, News
Gold prices in Chennai have surged uncontrollably, creating widespread concern among middle-class families. Once known for occasional spikes, gold prices are now witnessing sharp fluctuations every day, with rates changing between morning and afternoon sessions.
On the previous day, gold shocked buyers by recording the highest single-day rise in history. Prices increased by ₹370 per gram and ₹2,960 per sovereign in the morning, followed by another jump of ₹280 per gram and ₹2,240 per sovereign in the afternoon. In total, gold surged by ₹650 per gram and ₹5,200 per sovereign, closing at ₹15,610 per gram and ₹1,24,880 per sovereign.
The rally intensified today as 22-carat gold price in Chennai shot up by a massive ₹9,520 per sovereign in a single day. Gold is now being sold at ₹1,34,400 per sovereign and ₹16,800 per gram, marking a new all-time high.
Over the past 10 days alone, gold prices have climbed by ₹18,640 per sovereign, raising fears that gold may soon become unaffordable for many households.
Silver prices have also followed the upward trend. Today, silver rose by ₹25 per gram to reach ₹425 per gram, while silver bars are priced at ₹4.25 lakh.
Experts believe that although gold prices may remain volatile in the coming days, occasional corrections are possible. However, the current surge reflects strong global market pressure and growing investor demand for safe-haven assets.
Last 5 Days Gold Price (22 Carat – Per Sovereign)
28-01-2026: ₹1,24,880
27-01-2026: ₹1,19,680
26-01-2026: ₹1,20,200
25-01-2026: ₹1,18,000
24-01-2026: ₹1,18,000
Last 5 Days Silver Price (Per Gram)
28-01-2026: ₹400
27-01-2026: ₹387
26-01-2026: ₹375
25-01-2026: ₹365
24-01-2026: ₹365
by Interns_team | Jan 28, 2026 | Gold News, News
Gold prices have been witnessing sharp fluctuations over the past few days, rising rapidly and correcting slightly before climbing again. After touching a record high of ₹15,025 per gram and ₹1,20,200 per sovereign earlier, prices dipped marginally yesterday.
On January 28, 2026, gold prices surged sharply to a new all-time high. The price of gold increased by ₹370 per gram, reaching ₹15,330 per gram, while the price of one sovereign (22 carat) rose by ₹2,960 to ₹1,22,640. With this jump, gold is now trading at its highest-ever level.
Silver prices also moved upward in line with gold. Silver rose by ₹13 per gram, taking the price to ₹400 per gram, while silver bar prices touched ₹4 lakh in the bullion market.
Gold Price – Last 5 Days (22 Carat, Per Sovereign)
27-01-2026: ₹1,19,680
26-01-2026: ₹1,20,200
25-01-2026: ₹1,18,000
24-01-2026: ₹1,18,000
23-01-2026: ₹1,16,400
Silver Price – Last 5 Days (Per Gram)
27-01-2026: ₹387
26-01-2026: ₹375
25-01-2026: ₹365
24-01-2026: ₹365
23-01-2026: ₹345
