Gold Price DROPS on July 9: Check 22k, 24k gold rates in your city

Published : Jul 09, 2025, 11:00 AM IST

Gold jewelry prices have dropped significantly in Chennai. Gold's chemical symbol, AU, comes from the Latin "Aurum," meaning "shining dawn." India and China are the largest gold consumers

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Gold Price Falls!

Gold Price

Gold jewelry prices have fallen sharply in Chennai. However, silver prices remain unchanged.

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Price Details

Gold prices in Chennai have decreased by ₹60 per gram, selling at ₹9,000 per gram and ₹72,000 per sovereign (8 grams). Globally, 210,000 tons of gold are in use. Gold's chemical symbol, AU, is from the Latin "Aurum," meaning "shining dawn."

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Top Gold Buyers

India and China are the world's largest gold consumers. In India, buying gold jewelry is considered a joyous celebration.

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Gold Investments Rise

Gold investments are diversifying. Some buy gold biscuits or coins for safekeeping, while others invest in online gold ETFs or sovereign gold bonds for returns and security.

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Fun Fact About Gold

One kilogram of gold can be drawn into a very fine wire approximately 1.6 kilometers long.

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Gold Prices Fall Sharply

Gold prices in Chennai have dropped by ₹60 per gram, now at ₹9,000 per gram and ₹72,000 per sovereign.

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Silver Prices Steady

Silver prices remain unchanged at ₹120 per gram and ₹120,000 per kilogram.

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