Price of gold drops following Rupee appreciation

Date:

By: Isuru Parakrama

Colombo (LNW): The price of gold has dropped concurrent to the strengthening of the Sri Lankan Rupee against the US Dollar, indicating a decline of about Rs. 17,000 – 15,000, disclosed the All Ceylon Jewellery Association.

Accordingly, the price list as of yesterday (04) reveals that the price of a 24-carrot-pound of gold is Rs. 170,500 and the price of a 22-carrot-pound of gold, Rs. 157,000, the Association added.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka’s Garment Industry Set to Soar under New UK Trade Rules

A technical change in trade rules rarely makes headlines....

Sri Lanka’s Export Push: Ad Hoc Drive or Calculated Boost? Critics Weigh In

Sri Lanka Expo 2026 is a Major Export Showcase...

Saudi Market Surge Lifts Sri Lanka’s Export Momentum

Sri Lanka’s economic engagement with Saudi Arabia gathered strong...

India’s Disaster Diplomacy: Aid, Rupees, and Regional Influence

India has moved swiftly to position itself as Sri...