Gold prices in Tamil Nadu saw a sharp rise today, increasing by ₹520 per sovereign (8 grams) in a single day.
The price of 22-carat gold now stands at ₹75,760 per sovereign, compared to ₹75,240 yesterday. The per-gram price has also gone up.
This increase reflects a similar upward trend across India, with gold futures crossing ₹1,01,000 per 10 grams in the commodity market.
Experts say global economic uncertainty, a weaker rupee, and strong demand for precious metals are driving this price surge. Silver prices have also reached new highs, further boosting market activity.