Gold prices drop, merchants say

Date:

Colombo (LNW): The gold prices have dropped in response to the recent appreciation of the Sri Lanka Rupee against the US Dollar, local merchants revealed.

Accordingly, the price of a 22-karat gold sovereign has dropped to Rs. 145,000 in the local market.

A 24-karat sovereign is sold for between Rs. 150,000 and Rs. 155,000, according to merchants.

Share post:

spot_imgspot_img

Popular

More like this
Related

Crisis-hit Sri Lanka: Death toll rises to 465

Crisis-hit Sri Lanka: Death toll rises to 465

Swift Compensation Plan Launched for Farmers Hit by Widespread Flooding

Swift Compensation Plan Launched for Farmers Hit by Widespread Flooding

Private Credit Surge Signals Growing Risks and Opportunities in Economy

Private Credit Surge Signals Growing Risks and Opportunities in Economy

Sri Lanka Apparel Exports Show Resilience amid Global Market Challenges

Sri Lanka Apparel Exports Show Resilience amid Global Market Challenges