Chennai’s gold and silver prices skyrocketed in a single day on May 12, 2026, shocking buyers after weeks of declines. 22k jewelry gold jumped ₹230 per gram to ₹14,330, with a sovereign rising ₹1,840 to ₹1,14,640. 24k pure gold surged ₹251/gram to ₹15,633 (sovereign: ₹1,25,064), and 18k hit ₹11,950/gram.
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