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

Tourism Crosses 1.2 Million, But Sri Lanka Faces Uphill Climb to Meet 2025 Targets

Tourism Crosses 1.2 Million, But Sri Lanka Faces Uphill Climb to Meet 2025 Targets

Prime Minister calls for collective effort to drive overhaul of education system

Prime Minister calls for collective effort to drive overhaul of education system

Controversial Rs. 73 Billion Power Deal Sparks Conflict-of-Interest Allegations

Controversial Rs. 73 Billion Power Deal Sparks Conflict-of-Interest Allegations

Govt to Probe X-Press Pearl Legal Irregularities Amid Environmental Fallout

Govt to Probe X-Press Pearl Legal Irregularities Amid Environmental Fallout