Gold prices have surged sharply in Chennai as a sovereign (8 grams) rose by ₹880 to ₹91,280 and one gram climbed by ₹110 to ₹11,410. Silver rates also increased slightly by ₹2 per gram. Experts say the rise is due to global market trends, U.S. dollar fluctuations, and central bank gold reserves. Investors and jewellery buyers are closely watching the trend ahead of the wedding season.
