Sri Lanka’s gold price has increased to a record high in line with the global gold price increase.
As of today, the price of a pound of 22-carat gold in the sea street colombo gold market has increased to Rs. 242,000 and the price of a pound of 24-carat gold has increased to Rs. 262,000, according to reliable sources.
The global gold price has been a factor in the increase. In addition, investors have turned to buy gold as a safe alternative and the ongoing trade war between the United States and China have been the main factors in this price increase.