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Gold Prices Drop by Rs. 160 per Sovereign in Chennai

SimpliCity News Team Photo Representative · 25 Apr 2024

Chennai: In a recent update from the local jewelers, there has been a noticeable decline in the price of gold in Chennai. The cost for a sovereign of gold jewelry has reduced by Rs. 160, making the new rate Rs. 53,680. This price shift also reflects on the per gram cost, which is now Rs. 6,710.

Financial analysts attribute this drop to fluctuations in the global market which have impacted local prices. Consumers looking to invest in gold or purchase jewelry might find this as an opportune time to explore their options given the lower rates.

gold market prices Chennai jewelry

Gold Prices Drop by Rs. 160 per Sovereign in Chennai

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