Commodities
Gold Prices Plummet in Chennai Amid Market Decline
On September 22, gold prices in Chennai dropped by Rs 680 per sovereign. The current price of gold is Rs 1,13,480 per sovereign and Rs 14,185 per gram. This decrease comes after a drop of Rs 85 per gram from the previous day's price.
The silver market also saw a decline, with prices decreasing by Rs 5 to sell at Rs 255 per gram (Rs 2,55,000 per kg) on September 22.
Comparing this year's gold prices to last year's, it is clear that gold remains significantly higher. Prices have increased from Rs 83,440 per sovereign (Rs 10,430 per gram) on September 22, 2025, to Rs 1,13,480 per sovereign (Rs 14,185 per gram) on September 22, 2026, marking an increase of Rs 30,040 per sovereign or about 36.01 percent.