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

Big Promises, Slow Starts in Cyclone Disaster Recovery

Big Promises, Slow Starts in Cyclone Disaster Recovery

Cabinet Endorses Updated Fisheries Policy to Drive Sustainable Growth

Cabinet Endorses Updated Fisheries Policy to Drive Sustainable Growth

Liquidator Seeks Investors for Stalled Krrish Colombo Mega Project

Liquidator Seeks Investors for Stalled Krrish Colombo Mega Project

Vehicle Import Boom Fades as 2026 Brings Fiscal Reality

Vehicle Import Boom Fades as 2026 Brings Fiscal Reality