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Gold sovereign crosses Rs 150,000 mark

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The price of gold sovereign in the local market has crossed the Rs 150,000 mark for the first time, say gold traders at Sea Street (Hettiweediya.)

Today the price of 24 karat gold sovereign is at Rs 150,000 and the price of 22 karat gold sovereign is at Rs 139,000. Ongoing tension between Russia and Ukraine has been a major factor in the rise in gold prices. However market sources say that the quantity of gold in the Sri Lankan market is rapidly declining.

Meanwhile, there is a slight decrease in the price of gold in the world market. Today’s price of an ounce of gold is USD 1,974.71. Yesterday the price of an ounce of gold was USD 1,980.21.

Tuesday, March 15, 2022 – 01:00

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