Gold Price in Chennai Drops ₹1,880 Per Sovereign to ₹110,120

tamil.oneindia.com (Tamil) —

Gold prices in Chennai fell sharply today, dropping ₹1,880 per sovereign to ₹110,120, a welcome surprise for jewelry buyers. Silver also declined by ₹5 per gram to ₹245. The price has fallen about ₹10,000 since August 24, when a sovereign sold for ₹120,240. This follows a volatile year where gold peaked at a record ₹130,000 in February before declining. Gold had recently rebounded to ₹112,000 on Sunday after two days of slight declines. The current price marks a significant retreat from recent highs, continuing a trend of fluctuation over the past eight months.


With a significance score of 0.9, this news ranks in the top 79% of today's 33224 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers:


Gold Price in Chennai Drops ₹1,880 Per Sovereign to ₹110,120 | News Minimalist