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

Prophet Jerome Collecting Dozens from the Catholic Church

By Adolf The Catholic Church in Sri Lanka is witnessing...

 Taxi Mafia threatens Sri Lanka tourism amidst shaky law enforcement

Sri Lanka’s fragile tourism revival is facing an uncomfortable...

Shadow Imports Reshape Sri Lanka’s Software and Hardware Markets

 Sri Lanka’s software and computer hardware market is facing...

CycloneShock Halves Sri Lanka Vehicle Sales, Economic Ripples Ahead

Sri Lanka’s once-recovering vehicle market has suffered a sharp...