CHENNAI: Continuing the recent pattern of evening gains, the price of 22-carat gold in Chennai rose by Rs 520 Monday evening (Oct 6), reaching a new all-time high of Rs 89,000 per sovereign (1 sovereign = 8 gram). Accordingly, the per-gram rate rose by Rs 65 to Rs 11,125.

This morning, gold surged by Rs 880 per sovereign, reaching a record Rs 88,480, while the gram rate rose by Rs 110 to Rs 11,060. On October 4 (Saturday), gold had increased by Rs 400 per sovereign to Rs 87,600, equivalent to Rs 10,950 per gram.

Looking at how far gold sovereign prices have climbed in 2025, from Rs 57,200 at the start of the year to Rs 88,480 today (Oct 6), that's a whopping increase of Rs 31,280, or about 54.7%.

While the gold price has been inching forward for most of the year, what triggered the rec

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