Gold prices in Chennai witnessed a sharp increase on a single day, with the cost of a sovereign rising by Rs 2,000. The market saw an initial hike of Rs 880 during the morning session, followed by a further increase of Rs 1,120 by the evening.
Following this surge, a sovereign of gold is now priced at Rs 1,18,800. Additionally, the price of gold per gram has increased by Rs 140, bringing the current rate to Rs 14,850.

