CHENNAI: In Chennai, the price of jewelery gold rose by Rs 640 to Rs 42,160. Gold is a favorite among women and Tamil Nadu leads the state with the highest gold reserves in South India. Also Tamilnadu women are very fond of gold jewelry, in this case gold trade is very high in major cities like Chennai in Tamilnadu. There is very little difference comparing today’s gold prices in Chennai and other cities.
Gold is considered the greatest asset. Sometimes it also provides financial security. Gold can also be sold and cashed in times of financial crisis. Investments in gold are getting decent returns. Apart from this, gold ornaments are usually passed down from generation to generation in families. That is why gold is given an important place in the family.
In this case, the price of 22 carat jewelery in Chennai has increased by Rs.640 per piece and is sold at Rs.42,160. In Chennai, the price of 22 carat jewelery rose by Rs 80 to Rs 5,270 per gram. Silver rose by Rs 1.40 to Rs 68.70 per gram in the retail trade.