Gold prices drop further, boosting jewellery sales, රත්තරන් පවුමක් 40,000 කින් බැහැල

monson

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  • May 7, 2007
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    • 24-karat sovereign drops by Rs. 40,000 to Rs. 145,000 and 22-karat sovereign by Rs. 38,000 to Rs. 134,000
    • Jewellery marketers in Sea Street say reduced prices have boosted sales after 3 years
    • Says a boost in sales does not mean people have money, but because they have understood value of gold in crisis situations


    By Charumini de Silva

    The gold price has come down further this week, as a result of the rupee’s appreciation against the dollar, the Jewellery traders in Sea Street Colombo said.

    As per the traders, a 24-karat gold sovereign which was at Rs. 185,000 last week has reduced by Rs. 40,000 whilst a 22-karat sovereign which was at Rs. 172,000 last week has come down by Rs. 38,000.

    “Currently 24-karat sovereign is now at Rs. 145,000and 22-karat sovereign is at Rs. 134,000,” jewellers told the Daily FT.

    The reduced prices have boosted sales in Sea Street jewellery shops after a hiatus of almost three years, they noted.

    “After many years, we are finally seeing some interest among customers to purchase jewellery again,” a vendor pointed out.

    Reiterating that they did not expect such a huge plunge in prices, they however said the low prices have got a good footfall this week to their businesses.

    “It does not mean that the people have money, but they have understood the value of having jewellery in an economic crisis. By talking to our customers, we noticed the new jewellery purchases were for future investments,” he said, adding most customers have bought simple gold chains.

    Another trader said they saw many customers selling their old gold during the past two years amidst the economic crisis.

    “Now people are keen to buy again only because it will come in handy during hard economic conditions and to replace some of the articles that they could not save after pawning,” he noted.

    Another vendor explained that people who had necessities such as weddings, attainment of age ceremonies, and ear piercing ceremonies for new-borns bought gold jewellery.

    “Earlier, people used to buy gold as an investment. But with the economic crisis, we saw that habit coming to a standstill. Only a handful of customers purchased articles,” he explained.

    The price of gold is generally inversely related to the value of the dollar because the metal is dollar-denominated.

    - https://www.ft.lk/top-story/Gold-prices-drop-further-boosting-jewellery-sales/26-746127
     
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    shenat

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  • May 13, 2007
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    ආශ්චර්යමත් රටක
    අවුරුදු 50ක් පුරාවට බලුකොතේ ගල් කපපු එකයි, මහබැංකු හොරකමයි ඇර රටට දෙයක් කරන්න බැරිවුන ෆේල් පොන්න බල්ලට ආයෙත් රට හදන්න ඕනලු.

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    monson

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  • May 7, 2007
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    අවුරුදු 50ක් පුරාවට බලුකොතේ ගල් කපපු එකයි, මහබැංකු හොරකමයි ඇර රටට දෙයක් කරන්න බැරිවුන ෆේල් පොන්න බල්ලට ආයෙත් රට හදන්න ඕනලු.

    FB-IMG-1678407325609.jpg
    කුහක ජෙප්පෝ අවුරුදු 52ක් තිස්සේ වාමාංශික මාක්ස්වාදී communist පොල්පොට් පාලනයක් ගෙනල්ල ලංකාව විනාශ කරන්න ත්‍රස්තවාදී කඩාකප්පල් වැඩ කරනවා. තාම බැරි උනා :lol:

    Crisis Phase (March 8, 1971-April 4, 1971): Members of the Mao Youth Front (MYF) led by Loku Athula (තඩි ජෙප්පෙක්) attacked the US embassy in Colombo on March 8, 1971, resulting in the death of one government policeman. Five individuals were killed in an explosion in Dadigama on March 10, 1971. Rohana Wijeweera and 450 members of JVP were arrested on March 13, 1971. Prime Minister Bandaranaike declared a state-of-emergency on March 16, 1971. Some 100 individuals were killed during the crisis.

    Conflict Phase (April 5, 1971-June 9, 1971): JVP rebels attacked the government police station in Wellawaya on April 5, 1971, resulting in the deaths of two government policemen. Government troops clashed with JVP rebels in Kegalle district on April 8, 1971, resulting in the deaths of some 30 individuals. Government troops attacked JVP rebels near Maho on April 11, 1971, resulting in the deaths of some 20 rebels. The US provided military assistance to the government beginning on April 13, 1971. Ceylon accused North Korea of providing military assistance to the JVP, and ordered North Korean diplomats out of the country on April 16, 1971. :lol: The Soviet Union provided the government with military assistance (helicopters, military aircraft, pilots, 63 military technicians) beginning on April 20, 1971. India provided military assistance (six helicopters and 150 military personnel) to the government. Pakistan provided military assistance (two helicopters) to the government of Ceylon, and Britain provided military assistance (six helicopters, weapons, and ammunition) to the government. Egypt and Yugoslavia also provided military assistance to the government. The government announced the end of the rebellion on June 9, 1971. Some 15,000 JVP rebels were arrested and detained by the government. Some 1,200 individuals, including 60 government security personnel, were killed during the conflict.

    - https://uca.edu/politicalscience/dadm-project/asiapacific-region/ceylonsri-lanka-1948-present/

    1988 දී ආණ්ඩුව ජනතා විමුක්ති පෙරමුණ නීතිගත කර (තහනම ඉවත්කර ) මැතිවරණයට සහභාගි වන ලෙස ආරාධනා කළේය. 1988 අගභාගයේ සහ 1989 මුල් භාගයේ පැවති මැතිවරණ කඩාකප්පල් කිරීමේ උත්සාහයක් ලෙස ජ.වි.පෙ. ඡන්දදායකයින් සහ අපේක්ෂකයින් ඝාතනය කිරීම මගින් ප්‍රතිචාර දැක්වීය.
    ...
    ශ්‍රී ලාංකිකයන් 1988 දෙසැම්බරයේදී නව ජනාධිපතිවරයකු සහ 1989 පෙබරවාරියේ නව පාර්ලිමේන්තුවක් පත් කර ගත්හ. ජවිපෙ සහ එල්ටීටීඊය මෙම මැතිවරණ වැළැක්වීමට උත්සාහ කළේ මරණ තර්ජන සහ ඝාතන හරහා ඡන්දදායකයින් සිය ගණනක් සහ පාර්ලිමේන්තු අපේක්ෂකයින් 14 දෙනෙකු මරා දමමිනි.
    ..
    රාජ්‍ය විරෝධී සටන්කාමීන් ශ්‍රී ලාංකිකයන්ගේ රැස්වීමේ නිදහසට විශාලතම තර්ජනය විය. පෙබරවාරි 15 පාර්ලිමේන්තු මැතිවරණයට පෙර කාලය තුළ ජවිපෙ සාමාජිකයන් එජාප සහ අනෙකුත් දේශපාලන පක්ෂ රැස්වීම්වලට පහර දී ඡන්දදායකයින් සිය ගණනක් මරා දමා දහස් ගණනක් ඡන්ද පොළෙන් ඈත් කළේය.
    ..
    මැතිවරණ දෙකම සලකුණු වූයේ උතුරු-නැගෙනහිර එල්ටීටීඊය සහ දකුණේ ජවිපෙ විසින් උසිගන්වන ලද ඉහළ මට්ටමේ ප්‍රචණ්ඩත්වයෙනි. මැතිවරණ නැවැත්වීමට සහ පුරවැසියන්ට ඡන්දය දීම වැළැක්වීමට සංවිධාන දෙකම බිය ගැන්වීම් සහ මිනීමැරුම් හරහා උත්සාහ කළහ. වසරේ මුල් සති 6 තුළ ජනතා විමුක්ති පෙරමුණ පාර්ලිමේන්තු අපේක්ෂකයින් 14 දෙනෙකු ඝාතනය කළේය. පාර්ලිමේන්තු මැතිවරණය පැවති සතිය තුළ, එල්ටීටීඊය සහ ජනතා විමුක්ති පෙරමුණ සමහර විට පුද්ගලයන් 225 දෙනෙකු ඝාතනය කර ඇති අතර, ඔවුන්ගෙන් බොහෝ දෙනෙක් ඡන්ද මධ්‍යස්ථානවලදී හෝ ඡන්දය ප්‍රකාශ කිරීමට සහ එන අතරතුරදී ඝාතනය කළහ. මෙම දුෂ්කරතා තිබියදීත්, සියයට 55 කි ඡන්දදායකයින් ජනාධිපතිවරණයට සහ සියයට 64ක් පාර්ලිමේන්තු මැතිවරණයට ඉදිරිපත් විය.

    In 1988 the Government had legalized the JVP and invited it to participate in the elections. The JVP responded by killing voters and candidates in an attempt to disrupt elections held in late 1988 and early 1989.

    Sri Lankans elected a new President in December 1988 and a new Parliament in February 1989. The JVP and LTTE tried to prevent these elections through death threats and assassinations, killing hundreds of voters and 14 parliamentary candidates.

    Anti-government militants were the greatest threat to Sri Lankans ' freedom of assembly. JVP members attacked UNP and other political party meetings in the period before the February 15 parliamentary elections, killing hundreds of voters and keeping many thousands from the polls.

    Both elections were marked by high levels of violence instigated by the LTTE in the northeast and the JVP in the south. Both organizations attempted through intimidation and murder to halt the elections and prevent citizens from voting. In the first 6 weeks of the year, the JVP killed 14 parliamentary candidates. During the week of the parliamentary elections, the LTTE and the JVP murdered perhaps 225 persons, many of them at polling stations or on their way to and from voting. Despite these difficulties, 55 percent of
    the electorate turned out for the presidential election and 64 percent for parliamentary polls.

    Country reports on human rights practices 1989 - Sri Lanka
    US Department of State
    - Country reports on human rights practices : report submitted to the Committee on Foreign Affairs, U.S. House of Representatives and Committee on Foreign Relations, U.S. Senate by the Department of State in accordance with sections 116(d) and 502B(b) of the Foreign Assistance Act of 1961, as amended"
    - https://archive.org/details/countryreportson1989unit