Chennai Gold Price Drops by Rs 240 Per Sovereign

On October 1, gold prices in Chennai fell by Rs 240 per sovereign. The current price is Rs 1,09,440 per sovereign and Rs 13,680 per gram. This decrease comes after a drop of Rs 30 per gram from the previous day's price.

The silver price also saw a decline, decreasing by Rs 5 to sell at Rs 240 per gram (Rs 2,40,000 per kg). Compared to last year, gold prices have increased significantly, rising from Rs 87,120 per sovereign (Rs 10,890 per gram) on October 1, 2025, to Rs 1,09,440 per sovereign (Rs 13,680 per gram) this year.

The price of gold has seen fluctuations over the past five days. On September 30, 2026, it was priced at Rs 1,09,680 per sovereign and Rs 13,710 per gram. The prices have been: September 29, 2026 - Rs 1,09,120 per sovereign and Rs 13,640 per gram; September 28, 2026 - Rs 1,09,320 per sovereign and Rs 13,665 per gram; September 26, 2026 - Rs 1,12,000 per sovereign and Rs 14,000 per gram; and September 25, 2026 - Rs 1,12,080 per sovereign and Rs 14,010 per gram.