Chennai Evening Gold Rate: Gold Price Falls by ₹960 per Sovereign

Gold prices in Chennai witnessed a significant decline on Monday evening, with the price of ornamental gold falling by ₹960 per sovereign.

Following the price reduction, 22-carat ornamental gold is being sold at ₹1,09,760 per sovereign (8 grams). The price per gram has decreased by ₹120 to ₹13,720.

Chennai Gold Rate Today – Evening Update

• 1 gram of gold: ₹13,720

• 1 sovereign (8 grams): ₹1,09,760

• Price decrease per gram: ₹120

• Price decrease per sovereign: ₹960

The decline offers some relief to consumers planning to purchase gold jewellery. Buyers are advised to check the latest rates with jewellery shops before making a purchase, as the final bill may include making charges and applicable taxes.