Gold prices in India drop sharply; Chennai sees Rs 1,880 fall per sovereign

tamil.timesnownews.com (Tamil) —

Gold prices in India fell sharply on Monday, September 28, 2026, with 22-carat gold dropping by Rs 1,880 per sovereign to Rs 1,10,120 in Chennai, continuing last week's downward trend. The price of 22-carat gold decreased by Rs 235 per gram to Rs 13,765, while 24-carat gold traded at Rs 15,016 per gram. Silver also declined by Rs 5 per gram to Rs 245, with a kilogram selling at Rs 2,45,000. Gold prices are determined in US dollars and fluctuate with the rupee's exchange rate. The recent consecutive declines in both gold and silver prices have brought cheer to jewelry buyers across the country.


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Gold prices in India drop sharply; Chennai sees Rs 1,880 fall per sovereign | News Minimalist