Chennai: The price of 22-carat jewellery gold in Chennai saw a sharp fall on June 10, dropping by Rs 3,200 per sovereign. Gold is now being sold at Rs 1,10,400 per sovereign and Rs 13,800 per gram, down Rs 400 per gram.
Gold and silver prices have been fluctuating in recent days amid international trends. In Tamil Nadu, on June 8, jewellery gold was priced at Rs 14,070 per gram and Rs 1,12,560 per sovereign, while silver was sold at Rs 270 per gram.
On June 9, gold moved up, rising Rs 130 per gram to Rs 14,200 and increasing Rs 1,040 per sovereign to Rs 1,13,600. Silver prices remained unchanged that day.
On June 10, along with the fall in gold, silver also declined. Silver was down Rs 10 per gram to Rs 260, and fell by Rs 10,000 per kg to Rs 2,60,000, traders said.
