Gold Price Today in Sri Lanka
Today's Gold Prices in Sri Lanka - All Karats Live
The following are raw gram prices for the gold price in Sri Lanka (before making charges), showing the sell price (what you pay when buying) and the buy price (what you get when selling to a shop).
| Karat | Buy Price | Sell Price | Daily Change |
|---|---|---|---|
| 24k | 50,361.19 LKR | 53,063.50 LKR | ▲ 353.16 (+0.67%) |
| 22k | 46,164.42 LKR | 48,641.54 LKR | ▲ 323.73 (+0.67%) |
| 18k | 37,770.89 LKR | 39,797.62 LKR | ▲ 264.87 (+0.67%) |
| Ounce | 1,566,409.27 LKR | 1,650,460.57 LKR | ▲ 10,984.49 (+0.67%) |
Last updated: 20:55 - 24 August 2026
Gold Performance in Sri Lanka Over Last Year
Gap Between Gold Price in Sri Lanka and the Global Price
The table below shows the difference between the displayed local price and the raw global spot price for the same quantity in USD. This is a different indicator from the shop-level "buy/sell spread," since it compares the local price to the pure global price rather than yesterday's price.
| Karat | Local Price | Global Equivalent | Difference |
|---|---|---|---|
| 24k | 53,063.50 LKR | 49,132.87 LKR | +3,930.63 LKR |
| 22k | 48,641.54 LKR | 45,038.46 LKR | +3,603.08 LKR |
| 18k | 39,797.62 LKR | 36,849.65 LKR | +2,947.97 LKR |
Popular Bullion Bars in Sri Lanka
| Bar | Weight (g) | Price |
|---|---|---|
| 1g Bar | 1 | 54,124.77 LKR |
| 5g Bar | 5 | 269,297.26 LKR |
| 10g Bar | 10 | 537,002.62 LKR |
| 50g Bar | 50 | 2,679,706.75 LKR |
Gold Performance in Sri Lanka - Long Term
Terms Worth Knowing Before You Buy Gold
- What is a troy ounce?
- The troy ounce is the standard global unit used in gold trading on every exchange worldwide, and it equals exactly 31.1035 grams.
- What is the difference between buy and sell price?
- The sell price is what you pay when acquiring gold from a shop, while the buy price is what you receive when selling your jewelry back to the same shop, with the gap representing the dealer's margin.
- What does the karat number mean?
- The karat number indicates the proportion of pure gold in a piece out of 24 parts, so 21k means 21 parts pure gold out of 24, or 87.5% purity.
Market Analysis
Sri Lanka faced a severe economic crisis in 2022 that partially collapsed the Sri Lankan Rupee's value, making local gold a core protection tool many Sri Lankans used to preserve savings during a period of hyperinflation.
The Sri Lankan government imposes variable import duties on gold depending on economic conditions, sharply raised during the recent foreign exchange crisis to curb dollar reserve depletion, directly reflected in the local price rising above the global rate.
Gold in Sri Lanka carries special religious significance tied to Buddhist temples, where donating gold to major temples is considered a well-established charitable tradition, alongside its usual social role in weddings.
22k is the dominant standard in the Sri Lankan market, similar to the neighboring Indian model, given the deep historical cultural and trade ties between the two countries.
Frequently Asked Questions
How did the economic crisis affect Sri Lanka's gold price?
It partially collapsed the Rupee's value, making gold a core savings protection tool during hyperinflation.
Are gold import duties fixed in Sri Lanka?
No, they vary with economic conditions, sharply raised during the recent forex crisis.
What's the most common gold karat in Sri Lanka?
22k is dominant, similar to the neighboring Indian model.