Business

The cost of gold in Sri Lanka has gone up due to rising global gold prices. Colombo Pettah traders report that the price for a 24-carat gold sovereign has jumped by Rs. 15,000 today. As a result, a 24-carat gold sovereign now costs Rs. 420,000, while a 22-carat gold sovereign is priced starting at Rs. 386,400 in Colombo. Additionally, the global gold price per ounce exceeded USD 5,500 earlier today.