Skip to Content

Asian Tribune is published by E-LANKA MEDIA(PVT)Ltd. Vol. 20 No. 113

The Price OF Gold Hit An-All time high In Sri Lanka

Colombo, 11 July, (Asiantribune.com): T

The gold price hit an-all time high on Thursday (09) with the price of 24 -carat gold sovereign reaching Rs.100,000 for the first time in history.

Gold Rates for 24-carat gold sovereign was recorded at Rs. 100,000, 22 -carat gold sovereign was at Rs. 91,700 and 21-carat gold sovereign was recorded at Rs. 87,500 on Thursday 9th in Colombo.

Gold is a chemical element with the symbol Au (from Latin: aurum) and atomic number 79, making it one of the higher atomic number elements that occur naturally. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal.

On Wednesday (08) price of an ounce in the global market exceeded $1,800, with the precious metal benefitting from its haven status as the coronavirus outbreak triggers global economy fears.
There are 3.89 Sovereigns in one Troy ounce of gold.

According to foreign media reports, a hike in the prices of gold is reported after 2011, with an increase of 40% in the past 14 months.

- Asian Tribune -

The Price OF Gold Hit An-All time high In Sri Lanka
diconary view
Share this


.