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

Trade Unions Back Drive to Digitise Excise Operations and Boost Revenue

Trade Unions Back Drive to Digitise Excise Operations and Boost Revenue

Sri Lanka Bank on Home Comforts as Ireland Open World Cup Campaign

Sri Lanka Bank on Home Comforts as Ireland Open World Cup Campaign

Sri Lankan Workers Emerge as Russia Looks to South Asia to Ease Deepening Labour Shortage

Sri Lankan Workers Emerge as Russia Looks to South Asia to Ease Deepening Labour Shortage

Economic Progress Hinges on Innovation and Modern Production: CB Governor

Economic Progress Hinges on Innovation and Modern Production: CB Governor