Gold prices continue to increase in Sri Lanka⬆️

Truth Hurts

Well-known member
  • Jun 15, 2013
    11,028
    15,475
    113
    Westනාහිර
    gold.jpg


    Gold prices have once again increased in Sri Lanka, according to local gold merchants.

    The gold merchants stated that the price of gold has increased by Rs. 2000 today (31).

    Accordingly, the price of a 22-karat sovereign has increased to Rs. 165,600 from yesterday’s rate of Rs. 163,800.

    Meanwhile, the price of a 24-karat gold sovereign has increased to Rs. 180,000 from yesterday’s rate of Rs. 178,000.

    Earlier in March, gold prices had significantly dropped in Sri Lanka with a 22-karat sovereign costing Rs. 134,000 and a 24-karat gold sovereign costing Rs. 145,000 on 09th march 2023.
    (NewsWire)
     

    Bigspin

    Well-known member
  • May 27, 2007
    3,356
    2,152
    113
    LONDON
    Gold jumps on weaker dollar, with eyes on inflation data

    March 30 (Reuters) - Gold prices gained nearly 1% on Thursday as a weaker dollar and lower bond yields drove demand for the precious metal, while investors kept their eyes peeled for U.S. inflation data to gauge the Federal Reserve's next move.

    Spot gold was up 0.9% at $1,980.83 per ounce by 2:53 p.m. EDT (18:53 GMT), having touched its highest since March 24 at $1,984.19 earlier. U.S. gold futures settled up 0.7% at $1,997.70.


    The dollar index dipped 0.5%, making gold more attractive for overseas buyers, while benchmark 10-year Treasury yields eased.