Sri Lanka’s gold prices once again rose by Rs. 8,000 yesterday (11), following a significant increase in the price of gold in the world market.

The price of gold crossed $ 4,120 an ounce in the world market today. Accordingly, the price of a 22-carat gold sovereign in the Colombo Pettah gold market increased by Rs. 7,000 to Rs. 300,600.

According to market data, the price of a 22-carat gold sovereign stood at Rs. 293,200 last Tuesday (4). Meanwhile, the price of a 24-carat gold sovereign, which was Rs. 317,000 last week, increased to Rs. 325,000, traders stated.