Gold price hit a new high in Chennai after it surged by Rs 600 per sovereign today.
Following the rise, the yellow metal is being sold at Rs 6,960 per gram. The price of gold in Tamil Nadu has been fluctuating for the past few days.
It crossed the Rs 55,000-mark on Friday when the rate skyrocketed by Rs 480 per sovereign. The price of silver increased by Re 0.50 per gram and is being sold at Rs 98 per gram.