Chennai, Nov 9:
Gold prices in Chennai surged by Rs 760 per sovereign on Monday, driven by post-festive buying interest and global market cues.
The price of 22-carat gold increased by Rs 95 per gram to settle at Rs 13,255, lifting the rate of one sovereign (8 grams) to Rs 1,06,040. On Saturday, gold had closed at Rs 1,05,280 per sovereign. In contrast, retail silver prices remained steady at Rs 205 per gram (Rs 2,05,000 per kg).