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CHENNAI: Continuing the recent pattern of evening gains, the price of 22-carat gold in Chennai rose by Rs 520 Monday evening (Oct 6), reaching a new all-time high of Rs 89,000 per sovereign (1 sovereign = 8 gram). Accordingly, the per-gram rate rose by Rs 65 to Rs 11,125. This morning, gold surged by Rs 880 per sovereign, reaching a record Rs 88,480, while the gram rate rose by Rs 110 to Rs 11,060. On October 4 (Saturday), gold had increased by Rs 400 per sovereign to Rs 87,600, equivalent to R ...Read More >
CHENNAI: Gold grew costlier by Rs 240 on Wednesday (October 1), hitting an all-time high of Rs 87,120 per sovereign and Rs 10,890 per gram. In September, the gold sovereign price grew by over Rs 9,000. On September 30 (Tuesday), the price of the yellow metal had increased by Rs 720, selling for Rs 86,800 a sovereign (Rs 10,860/gram). While the gold price has been inching forward for most of the year, what triggered the recent rally is the trade war that US President Donald Trump unleashed on t ...Read More >
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