Sri Lanka’s local gold prices rose by Rs. 6,000 yesterday (25), from the previous day’s prices, following a significant increase in gold prices in the world market. The global price of gold had by then increased by $ 4,150.

Accordingly, yesterday morning’s price of a 22-carat gold sovereign at the Colombo Pettah gold market stood at Rs. 309,200, up from Rs. 303,600 on Monday.

Meanwhile, traders at the Pettah gold market reported that the price of a 24-carat gold sovereign, which was Rs. 330,000 on Monday, had risen to Rs. 336,000 yesterday.