Gold Price in Chennai Today – May 16 2021

Chennai is a metropolitan city in Tamilnadu with highly demand for gold. Gold is a investment option and cultural importance for the state. It is purchase in the form of coin, ornaments and bullion. Gold price in Chennai is decided by gold dealers, based on online and financial websites.

Gold Rate in Chennai Today (per gram)

Date 22 Carat Gold Rate/Gram 24 Carat Gold Rate/Gram
May 16 2021 ₹ 4492/Gram() ₹ 4900/Gram()

History of Gold

In Earth, all the gold is formed in supernovae and neutron star collision before solar system formed. During the formation of planets, gold sank into the Earth. By the process of fission, fusion or radioactive decay it is possible to form gold.

Gold cannot synthesized by the sun during the nuclear fusion. Many gold are found in rock ores and it occurs as flakes and silver alloy electron. It is not simple by adding or removing protons from other elements, to form gold. The most common method is add neutrons to another element.

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