24 Carat Gold Price In Sri Lanka:
19973.458 (LKR) Per Gram
When looking to buy gold in Sri Lanka or to monitor the current price of gold, you can view the live gold price in Sri Lanka which will be in the local currency (LKR).
Although there is a strong market demand for gold in Sri Lanka, consumers are always concerned about the quality of gold available there.
In order to ensure quality, the Bank now imports gold certified to be 99.5% pure from reputed international suppliers and mints.
|Price (LKR)||Price (USD)|
|Gold Gram Carat 24||19974.112||55.942|
|Gold Gram Carat 22||18309.672||51.362|
|Gold Gram Carat 21||17477.462||49.062|
|Gold Gram Carat 18||14980.812||42.182|
|Gold Gram Carat 14||11651.942||33.012|
|Gold Gram Carat 12||9987.502||28.422|
|Gold Gram Carat 10||8323.072||23.832|
*these rates are taken from some reliable sources of the industry.
Gold from Sri Lanka is available at a cheaper rate, and its quality, purity, and origin are higher than other countries.
Sri Lankan gold is tested and hallmarked, so there is no risk when buying gold there.
Identifying current gold prices in Sri Lanka is the first step in researching gold prices in Sri Lanka. Below is a table with current gold prices in Sri Lanka.
An example of how jewellery production is actually done is illustrated in the following graphic.
In order to explain the flow of this guide and what it covers, we’ve outlined the following topics.
- Keep a Track of Gold price in Sri Lanka
- Prices for Gold Carats
- Gold Measurements
- Gold price in Sri Lanka | Calculator
- Buying Gold in Sri Lanka
- Gold Buying Tips
- Gold As Investment
- Who Decides Gold Rate In Sri Lanka
- Gold Carats In Sri Lanka
- Historical Prices for All Gold Carats
- Gold Price in Other Countries
Keep a Track of Gold price in Sri Lanka
Monitoring changes in prices on a regular basis is vital. It is recommended that you consider buying within 2 to 3 business days if you see a slight price drop.
Gold can be purchased from numerous jewelry shops, and their prices vary according to their collections, designs, customer service, and target audiences.
You need to know the Sri Lankan gold rate before you can buy gold jewelry online, invest in gold, or buy gold in a store.
Jewells Mark will provide all the information you need regarding rates.
Prices for Gold Carats
This table shows the price per gram, per 10 grams, per Vori, per Aana, and per ounce.
|Carats||Per Gram Price
|10 Grams Price
|Vori (Tola) Price
|1 Aana Price
|1 Ounce Price
In Sri Lanka, gold weight is also measured in grams, kilograms, and tolas.
- Pavan Gold is equivalent to 8 grams of gold. Pavan is also known as Poun.
- 1 Pavan = 8 grmas
- Approximately 11.6638038 grams of gold weigh one tola, 31.1034768 grams per ounce, and 1,000 grams per kilogram.
- 1 Tola = 11.66 grams
- 1 Ounce = 31.1034 grams
- 1 Kilograms = 1000 grams
- The weight of gold is measured in troy ounces (1 troy ounce = 31.1034768 grams), whereas its purity is measured in “carats”. The caratage of gold alloyed with other metals is the measure of purity.
The tools below allow you to convert gold weight between different units:-
Vori To Grams Converter
Type a value in the Vori field to convert the value to Grams:
Grams To Vori Converter
Type a value in the Grams field to convert the value to Vori:
Vori To Aana Converter
Type a value in the Vori field to convert the value to Aana:
Gram To Aana Converter
Type a value in the Grams field to convert the value to Aana:
Gold price in Sri Lanka | Calculator
From here, you can calculate the quantity of gold for any number of items
(Select the No.
by pressing Up/Down key)
|Vori / Tola||232897.41134||651.54914|
|Gram 24 Carat||19974.049||55.879|
|Gram 22 Carat||18296.228884||51.185164|
|Gram 21 Carat||17477.292875||48.894125|
|Gram 20 Carat||16658.356866||46.603086|
|Gram 18 Carat||14980.53675||41.90925|
|Gram 14 Carat||11644.870567||32.577457|
|Gram 10 Carat||8309.204384||23.245664|
Buying Gold in Sri Lanka
In Sri Lanka, as long as tourists return home with their ornaments at the end of their trip, gold and silver ornaments up to 50 g each can be brought into the country without paying any customs duty.
According to the Sri Lankan Ministry of Interior, gold jewelry should not be sold or bought without proper security and safety procedures in order to protect residents from fraud.
Gold Buying Tips
- We can determine the purity of gold by measuring its weight in carats. Gold in 24kt form is 99.9% pure, whereas 22kt, 18kt, 14kt, etc. are progressively less pure.
- Gold is one of the most expensive metals, so checking its purity before buying it is a big mistake.
- Additionally, hallmarked jewellery can be used to identify purity.
- It is important to make sure that you are buying gold with the appropriate weight before you pay.
Gold As Investment
Alternatively, gold mutual funds can be used by those who don’t want to invest in physical gold but would still like exposure.
In addition to gold coins and bars, gold bullions can also be purchased at your bank.
At gold shops, you can get gold bars and coins containing 24 karat gold. The purity of the gold can reach 999.9 sometimes.
Bullion weights in this range range from one gram to a kilogram.
Investors can choose either to hold gold coins and bars and profit from future gold price increases or to sell them to make a profit.
Who Decides Gold Rate In Sri Lanka
During the daily association meetings, gold rates were determined. The rates would be effective 24 hours a day throughout the country.
Association refers to the international market in accordance with Federation.
Prices for gold are set by a committee of internal and external members, a committee of oversight, and several banks who analyze supply and demand for gold futures derivatives markets to determine both the average spot price and the fixed price.
Gold Carats In Sri Lanka
Various carats and their respective Hallmark of Gold jewelry are as follows:
- Gold 24 Karat is 99.99% pure with Hallmark 999
- Gold 22 Karat is 91.67% pure with Hallmark 916
- Gold 20 Karat is 83.33% pure with Hallmark 833
- Gold 18 Karat is 75.00% pure with Hallmark 750
- Gold 16 Karat is 66.67% pure with Hallmark 667
- Gold 14 Karat is 58.33% pure with Hallmark 583
- Gold 12 Karat is 50.00% pure with Hallmark 500
- Gold 10 Karat is 41.67% pure with Hallmark 417
24 Carat Gold
The purity of pure gold makes it a more expensive form of gold, which makes it a more attractive investment than other forms of gold when gold is sold with minimal or no depreciation.
Despite being a precious metal, gold is malleable when it is in its purest form (24 karats). It isn’t possible to make jewelry of different shapes or sizes if you create jewelry from its purest form.
23 Carat gold
At foreign jewelry shops, you can buy 23K gold necklaces, rings, earrings, and chains. There are many reasons people love 23K gold, including its beauty, durability, and long-term value. It is a great choice for women who want high-purity jewelry.
Marks on gold jewelry can be used to identify it. If the jewelry is under warranty you should be able to see the serial number 958 or 23k.
20 Carat Gold
Alloys containing 20K gold contain 83.3% pure gold and the remainder is composed of impurities. 20-karat gold and Hallmark 833 gold are both of the same value.
Chains, rings, or earrings made from 20-carat gold are among the items of antique jewelry that use the metal.
18 Carat Gold
Based on the impurities added to it, gold can have many different forms. The majority of gold grains are 18-carat and the remainder is impurities.
14 Carat Gold
One of the best everyday jewelry pieces is solid gold, such as 14k gold.
About 58% of the gold is usually present in an alloy made from 14k gold.
A stronger metal alloy is created by adding nickel, copper, and silver to 14k gold.
Historical Prices for All Gold Carats
Making accurate gold price predictions depends on studying historical gold prices
|DATE||24k Price (LKR)||22k Price (LKR)||21k Price (LKR)||18k Price (LKR)||14k Price (LKR)|
Gold Price in Other Countries
Check out gold price in other featured countries from the list below
The gold prices in the table reflect the international market value; they are subject to fluctuations on the Sri Lankan market. Although the frequency at which prices are updated varies between sources, most update every fifteen minutes.
Furthermore, you should verify the prices at certain physical stores.
JewellsMark does not take responsibility for gold prices on the international market.