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Gold Price Hits New Record High in Chennai; Silver Prices Also Surge

Posted on: 15/Jan/2026 10:07:18 AM

Gold prices have reached a new all-time high in Chennai, continuing their upward momentum for the past week. After crossing the ₹1 lakh mark per sovereign on December 15, gold prices saw brief corrections before resuming an upward trend from December 22. Following a peak on December 28, prices dipped slightly and have now climbed steadily over the last seven days.

In today’s market, 22-carat jewellery gold rose by ₹80 per sovereign, taking the price to ₹1,06,320 per sovereign. The gold rate per gram increased by ₹10 to ₹13,290, marking the highest gold price ever recorded in the city.

Silver Price Also Touches New Peak

Silver prices have followed gold’s rally and climbed sharply to record levels.

Silver price per kilogram: ₹3,10,000 (up ₹3,000)

Silver price per gram: ₹310 (up ₹3)

Gold Price Trend – Last 5 Days

Jan 15, 2026: ₹1,06,320 per sovereign

Jan 14, 2026: ₹1,06,240 per sovereign

Jan 13, 2026: ₹1,05,360 per sovereign

Jan 12, 2026: ₹1,04,960 per sovereign

Jan 11, 2026: ₹1,03,200 per sovereign

Market analysts attribute the rise in precious metal prices to global economic uncertainty, a weaker currency outlook, and sustained demand for safe-haven assets.