Chennai saw a sharp dip in bullion prices on March 31, with 22-carat jewellery gold falling by Rs 800 per sovereign to Rs 1,09,360. The per-gram rate eased by Rs 100 to Rs 13,670.
Silver also moved lower on the day. The metal slipped by Rs 5 per gram to Rs 250, while the kilogram rate dropped by Rs 5,000 to Rs 2.50 lakh.
Prices have been fluctuating over the past few days in Tamil Nadu. On March 28, jewellery gold was quoted at Rs 13,660 per gram and Rs 1,09,280 per sovereign, while silver was sold at Rs 250 per gram.
On March 30, gold first fell in the morning before rebounding by evening. By the evening session, gold rose to Rs 13,770 per gram and Rs 1,10,160 per sovereign, while silver climbed to Rs 255 per gram and Rs 2.55 lakh per kg.
The latest March 31 rates reflect a fresh pullback in both gold and silver after the previous day’s rise.
