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Gold and Silver Prices Fluctuate in Tamil Nadu; Rates Decline in Chennai Today

Posted on: 08/Jan/2026 10:09:17 AM

Gold prices in Tamil Nadu have been witnessing daily fluctuations over the past few days. On Wednesday morning, the price of gold increased by ₹40 per gram, with one gram selling at ₹12,870. The price per sovereign (22-carat) also rose by ₹320 to ₹1,02,960. However, by evening, gold prices declined sharply. The price fell by ₹70 per gram to ₹12,800, while the sovereign rate dropped by ₹560 to ₹1,02,400.

In Chennai today, gold prices continued their downward trend. The price of 22-carat gold has decreased by ₹400 per sovereign, bringing the rate down to ₹1,02,000. Similarly, the price per gram has fallen by ₹50 and is currently selling at ₹12,750.

Silver prices have also declined today. The price of silver has reduced by ₹5 per gram and is now selling at ₹272 per gram. Meanwhile, bar silver is being sold at ₹2,72,000.

Gold Price Trend (Last Five Days – 22 Carat, One Sovereign)

07-01-2026: ₹1,02,400
06-01-2026: ₹1,02,640
05-01-2026: ₹1,02,080
04-01-2026: ₹1,00,800
03-01-2026: ₹1,00,800

Silver Price Trend (Last Five Days – One Gram)

07-01-2026: ₹277
06-01-2026: ₹271
05-01-2026: ₹266
04-01-2026: ₹257
03-01-2026: ₹257

Market experts state that global economic factors and currency movements continue to influence precious metal prices, leading to frequent fluctuations in the local bullion market.