Precious metal prices have declined in Chennai today, offering some relief to buyers. Both gold and silver rates recorded a drop in the latest market update.
22K Gold Rate Today
March 1 Price: ₹15,775 per gram
March 2 Price: ₹15,660 per gram
Decrease: ₹115 per gram
Gold Sovereign (8 grams)
Previous Price: ₹1,26,240
Today’s Price: ₹1,25,280
Drop: ₹960
The fall in gold prices is attributed to fluctuations in international bullion markets and currency trends.
Silver Rate Today
Silver prices have also declined in Chennai.
Previous Rate: ₹325 per gram
Today’s Rate: ₹315 per gram
Decrease: ₹10 per gram
The dip in silver rates may encourage fresh buying among investors and jewellery makers.

