Gold prices in Chennai showed a recovery in the evening session after opening lower earlier today. According to the latest MJDTA update at 3:46 PM, both 22-carat and 18-carat gold recorded gains, while silver prices remained unchanged.
Morning Gold & Silver Rates (Today)
22 Carat Gold: ₹14,120 per gram (down by ₹200)
1 Sovereign (8 grams): ₹1,12,960
Silver: ₹280 per gram (down by ₹20)
Evening Gold & Silver Rates (Latest Update)
22 Carat Gold: ₹14,250 per gram (up by ₹130)
18 Carat Gold: ₹12,200 per gram (up by ₹100)
1 Sovereign (22 Carat): ₹1,14,000
Silver: ₹280 per gram (no change)
The evening rebound indicates fresh buying interest after the morning dip, while silver continues to trade flat. Market participants are advised to keep a close watch on price movements, as volatility is expected to persist in the coming days.