Gold Price Today in Sri Lanka in Sri Lanka Rupee (LKR)

Monday, 24 February 2025, 9:26 PM

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872,282.78 Sri Lanka Rupee/Ounce
2,951.50 U.S. Dollar/Ounce
28,047.68 Sri Lanka Rupee/Gram 24K
94.90 U.S. Dollar/Gram 24K
25,691.67 Sri Lanka Rupee/Gram 22K
86.93 U.S. Dollar/Gram 22K
Gold ounce price in Sri Lanka is 872,282.78 Sri Lanka Rupee per ounce, Gold gram price is 28,047.68 Sri Lanka Rupee per gram karat 24, 25,710.37 Sri Lanka Rupee per gram karat 22, 24,541.72 Sri Lanka Rupee per gram karat 21, 21,035.76 Sri Lanka Rupee per gram karat 18.

Gold Price in Sri Lanka in Sri Lanka Rupee

Gold Unit Sri Lanka Rupee U.S. Dollar
Gold Ounce 872,282.78 2,951.50
Gold Gram Karat 24k 28,047.68 94.90
Gold Gram Karat 22k 25,691.67 86.93
Gold Gram Karat 21k 24,541.72 83.04
Gold Gram Karat 18k 21,035.76 71.18
Gold Gram Karat 14k 16,407.89 55.52
Gold Gram Karat 12k 14,023.84 47.45
Gold Gram Karat 10k 11,695.88 39.57
Gold Gram Karat 9k 10,517.88 35.59
Gold Gram Karat 8k 9,339.88 31.60
Table of Contents

Common Gold Karats in Sri Lanka

In Sri Lanka, the most commonly used gold karats are 22K, 18K, and 14K. The predominant choice among consumers is 22K gold, which contains 91.6% pure gold. This high purity level makes it ideal for traditional jewelry, often favored for weddings and special occasions due to its rich color and luster.

Following closely is 18K gold, which consists of 75% gold and is popular for both jewelry and more modern designs. It strikes a balance between purity and durability, making it suitable for everyday wear while still showcasing an appealing golden hue.

Less common is 14K gold, containing 58.3% pure gold. While it is not as widely used as the higher karats, it has gained popularity among some consumers due to its affordability and strength, making it resistant to scratching and bending.

Overall, while 22K remains the favorite, the presence of 18K and 14K gold offers a range of options for different preferences and budgets in Sri Lanka's vibrant jewelry market.

Gold Price Chart in Sri Lanka

How Gold Price is Determined in Sri Lanka

The price of gold in Sri Lanka is influenced by a variety of factors that reflect both local and global market dynamics. Primarily, the international market price of gold, which is quoted in US dollars per ounce, plays a significant role. As global demand fluctuates due to economic conditions, investment trends, and market speculation, the local price in Sri Lanka adjusts accordingly to mirror these changes.

Another important factor is the exchange rate between the Sri Lankan Rupee and the US Dollar. When the rupee weakens against the dollar, it can lead to an increase in gold prices in the local market, even if the international price remains stable. Additionally, local taxes, import duties, and business margins also contribute to the final retail price of gold in Sri Lanka.

Seasonal trends and cultural factors can further influence demand, particularly during festive periods or weddings when gold purchases typically rise. Thus, understanding the multifaceted nature of gold pricing in Sri Lanka requires consideration of both global influences and local economic conditions.

Price of Gold Bullion in Sri Lanka in Sri Lanka Rupee

  • The price of gold bullion 5 grams 24K in Sri Lanka: 140,238.39 Sri Lanka Rupee
  • The price of gold bullion 10 grams 24K in Sri Lanka: 280,476.78 Sri Lanka Rupee
  • The price of gold bullion 20 grams 24K in Sri Lanka: 560,953.55 Sri Lanka Rupee
  • The price of gold bullion 50 grams 24K in Sri Lanka: 1,402,383.89 Sri Lanka Rupee
  • The price of gold bullion 100 grams 24K in Sri Lanka: 2,804,767.77 Sri Lanka Rupee
  • The price of gold bullion 250 grams 24K in Sri Lanka: 7,011,919.43 Sri Lanka Rupee
  • The price of gold bullion 500 grams 24K in Sri Lanka: 14,023,838.86 Sri Lanka Rupee
  • The price of gold bullion 1000 grams 24K in Sri Lanka: 28,047,677.72 Sri Lanka Rupee

Predictions for Gold Prices in Sri Lanka

The gold market in Sri Lanka has experienced significant fluctuations recently, driven by various factors including global economic conditions, local demand, and currency fluctuations. Strong demand for gold as a safe-haven asset is expected to continue, especially amidst rising inflation and geopolitical uncertainties. Consequently, experts predict that gold prices may rise in the coming months as investors seek to hedge against potential economic downturns.

Furthermore, the depreciation of the Sri Lankan Rupee against major currencies may contribute to higher local gold prices. Inflationary pressures are also likely to lead consumers to invest in gold as a reliable store of value. Analysts suggest that if global gold prices trend upward, Sri Lanka will follow suit, with prices possibly reaching record highs in response to both local and international market dynamics.

Moreover, seasonal factors such as festivals and wedding seasons traditionally increase gold demand in Sri Lanka, which can further elevate prices. Overall, the outlook for gold prices in Sri Lanka remains bullish, with market observers closely monitoring economic indicators and global trends to refine their predictions.

Gold price in Sri Lanka in February 2025 in Sri Lanka Rupee

Date Gold Ounce Gold Gram Karat 24 Gold Gram Karat 22 Gold Gram Karat 21 Gold Gram Karat 18 Gold Gram Karat 14
24 February 2025 869,720.11 27,965.28 25,632.78 24,464.70 20,967.22 16,317.45
23 February 2025 868,453.65 27,924.55 25,595.45 24,429.08 20,936.68 16,293.69
22 February 2025 868,953.64 27,940.63 25,610.19 24,443.14 20,948.74 16,303.07
21 February 2025 862,244.25 27,724.90 25,412.44 24,254.41 20,786.99 16,177.19
20 February 2025 873,366.16 28,082.51 25,740.23 24,567.26 21,055.11 16,385.86
19 February 2025 868,302.63 27,919.70 25,591.00 24,424.83 20,933.04 16,290.86
18 February 2025 857,578.42 27,574.87 25,274.93 24,123.16 20,674.50 16,089.65
17 February 2025 854,916.14 27,489.26 25,196.47 24,048.27 20,610.32 16,039.70
16 February 2025 849,681.72 27,320.96 25,042.20 23,901.03 20,484.13 15,941.50
15 February 2025 848,322.54 27,277.25 25,002.14 23,862.80 20,451.36 15,916.00
14 February 2025 867,991.43 27,909.69 25,581.83 24,416.07 20,925.54 16,285.02
13 February 2025 864,313.67 27,791.44 25,473.44 24,312.62 20,836.88 16,216.02
12 February 2025 854,009.50 27,460.11 25,169.75 24,022.77 20,588.46 16,022.69
11 February 2025 866,654.84 27,866.72 25,542.44 24,378.48 20,893.32 16,259.94
10 February 2025 856,411.52 27,537.35 25,240.54 24,090.34 20,646.37 16,067.76
9 February 2025 850,796.86 27,356.81 25,075.06 23,932.40 20,511.01 15,962.42
8 February 2025 850,974.53 27,362.53 25,080.30 23,937.40 20,515.30 15,965.75
7 February 2025 853,279.61 27,436.64 25,148.23 24,002.24 20,570.87 16,009.00
6 February 2025 857,408.37 27,569.40 25,269.92 24,118.38 20,670.40 16,086.46
5 February 2025 849,271.09 27,307.75 25,030.09 23,889.48 20,474.23 15,933.79
4 February 2025 835,605.93 26,868.36 24,627.35 23,505.09 20,144.79 15,677.41
3 February 2025 829,794.41 26,681.49 24,456.07 23,341.61 20,004.69 15,568.38
2 February 2025 834,097.17 26,819.84 24,582.88 23,462.65 20,108.42 15,649.10
1 February 2025 833,251.63 26,792.66 24,557.96 23,438.86 20,088.03 15,633.24
31 January 2025 827,521.88 26,608.42 24,389.09 23,277.69 19,949.90 15,525.74
30 January 2025 819,093.05 26,337.40 24,140.67 23,040.59 19,746.70 15,367.60
29 January 2025 820,095.97 26,369.65 24,170.23 23,068.80 19,770.88 15,386.42
28 January 2025 819,147.28 26,339.14 24,142.27 23,042.12 19,748.01 15,368.62
27 January 2025 820,502.14 26,382.71 24,182.20 23,080.23 19,780.67 15,394.04
26 January 2025 826,697.72 26,581.92 24,364.80 23,254.51 19,930.03 15,510.28

Gold Making Charges in Sri Lanka

In Sri Lanka, gold making charges can significantly impact the overall cost of purchasing gold jewelry. These charges are usually expressed as a percentage of the gram price of gold, which fluctuates based on international market rates. Typically, the making charges range from 10% to 20% of the gold price per gram. This means that if the gold price is around 15,000 LKR (Sri Lankan Rupees) per gram, the making charges could approximately add an extra 1,500 LKR to 3,000 LKR to the total price, depending on the complexity of the design and craftsmanship involved.

For high-end or intricately designed pieces, the making charges could be on the higher end of the spectrum, while simpler designs may incur lower charges. Customers should always inquire about the making charges before purchasing, as these fees can vary significantly among different jewelers. Understanding these charges helps buyers make informed decisions and ensures transparency in the pricing of gold jewelry in Sri Lanka.

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