EconomyGeneralHOTWednesday, April 15, 2026

Sri Lanka Gold Prices Surge, 24K Sovereign Exceeds Rs. 400,000

TLDR

Sri Lanka gold prices continue to surge significantly.
24K sovereign now Rs. 402,000; 22K at Rs. 370,000.
22K bracelets hit Rs. 420,000, necklaces Rs. 410,000.
Global price $4,829/ounce; LKR depreciation fuels local surge.

Gold prices in Sri Lanka have experienced a significant upward trend, with market data indicating an increase of approximately Rs. 4,000 in recent days. As of April 15, 2026, a 24-carat gold sovereign is priced at Rs. 402,000, up from Rs. 398,000 recorded on Saturday. Similarly, a 22-carat gold sovereign has risen to Rs. 369,900 from Rs. 366,200 on April 11. This surge is attributed to factors such as rising global gold prices and the depreciation of the Sri Lankan Rupee, according to industry sources including the All Ceylon Jewellers Association and traders in Colombo's Pettah Sea Street market. The continuous rise in gold prices is expected to directly impact the cost of gold jewelry in the local market.

Story Update

Update #2\u00b7 Apr 20 · 6:16 AM

Sri Lanka's gold prices have seen a further increase, with a 24K gold sovereign now priced at Rs. 402,000. This marks an increase from Rs. 400,000 reported yesterday. A 22K gold sovereign is currently reported at Rs. 370,000. Other reports indicate 22K gold bracelets are now Rs. 420,000 (up from Rs. 416,000) and necklaces are Rs. 410,000 (up from Rs. 406,000). The global gold price per ounce has reached $4,829, contributing to the local surge alongside the depreciation of the Sri Lankan Rupee.

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