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

John Keells CG Auto Denies Allegations on BYD Vehicle Imports, Reaffirms Compliance and Transparency

John Keells CG Auto (Pvt) Ltd (JKCG), the authorized...

Coconut, Tea, Tech Exports Drive Sri Lanka’s Export Boom

Sri Lanka’s export sector has shown strong resilience and...

BYD EVs Detained Over Motor Capacity Dispute amid Revised Import Tax Rules

Sri Lanka Customs has detained nearly 1,000 BYD electric...