Chennai saw a decline in gold prices on Monday morning (Sept 14), with 22-carat jewellery gold falling by ₹360 per sovereign. The metal is now being sold at ₹1,13,000 per sovereign.
The price per gram also eased by ₹45, taking the rate to ₹14,125 per gram.
Silver prices showed no change, with the metal continuing to trade at ₹2.5 lakh per kilogram in the city.
Market watchers note that gold prices in Tamil Nadu have been fluctuating in recent days, influenced by international trends.
Earlier, on Sept 12, jewellery gold in the state was sold at ₹14,170 per gram and ₹1,13,360 per sovereign.
