Gold lovers and investors in Chennai witnessed a dramatic swing in prices throughout April 2025, with rates climbing steadily toward the end of the month.
24K Gold (Pure Gold) Highlights:
Lowest: ₹8,972/gm on April 8
Highest: ₹10,134/gm on April 22
Monthly Average: ₹9,550.43/gm
22K Gold (Standard Gold) Highlights:
Lowest: ₹8,225/gm on April 8
Highest: ₹9,290/gm on April 22
Monthly Average: ₹8,755/gm
Market Insight:
Prices remained relatively stable in the early days of April, but sharp increases were observed mid-month, especially around Akshaya Tritiya, a popular gold-buying festival. Global economic factors, combined with strong local demand, contributed to the surge.
Did You Know? April 22 saw the highest jump, crossing ₹10,000 for 24K gold – a crucial threshold for traders and buyers!