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Gold Prices Drop Twice in a Day in Chennai - Down ₹375 per Gram!

Posted on: 28/Oct/2025 3:56:47 PM

Gold prices in Chennai continued their downward slide, witnessing two consecutive declines in a single day.

In the morning, the price of 22Kt gold fell by ₹150, bringing it down to ₹11,300 per gram (₹90,400 per sovereign).

However, by evening, rates dropped further by ₹225, with 1 gram of 22Kt gold now priced at ₹11,075, and 1 sovereign at ₹88,600 - marking a total fall of ₹1,800 per sovereign in just one day.

Jewellers attribute the sharp fall to volatility in the international bullion market and reduced local demand following the festive season.