Commodities
Chennai Gold Prices Fall by Rs 240, Silver Drops by Rs 5 on October 1
Chennai's gold prices took a hit on October 1, 2026, falling by Rs 240 per sovereign. The new price is now at Rs 1,09,440 per sovereign and Rs 13,680 per gram, down from the previous day's rate of Rs 1,09,680 per sovereign and Rs 13,710 per gram.
Silver prices also decreased on the same day, selling at Rs 240 per gram (Rs 2,40,000 per kg) compared to the previous day's price of Rs 245 per gram.
The gold rate has seen a significant increase over the past year, 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) on October 1, 2026, marking an increase of Rs 22,320 per sovereign or about 25.62 percent.