Gold and silver prices in Chennai saw a noticeable rise on Monday, February 9, 2026, with both precious metals gaining value after recent market fluctuations.
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Gold prices witnessed a steep decline on Thursday, offering brief relief to buyers after weeks of unprecedented gains in the bullion market. The price of gold dropped by ₹4,640 per sovereign, while silver fell by ₹20,000 per kilogram, reflecting a sharp correction following extreme volatility.
After touching record highs in October, gold prices have continued to fall following the Diwali festival.
The cost of gold has decreased by Rs. 45 per gram today. The cost of the gold rate has decreased by Rs. 360 per sovereign.
Chennai: Officials of the Customs Air Intelligence Unit (AIU) seized 2.766 kg gold worth Rs 1.20 crore in two separate…