Gold Price in Sri Lanka remained at elevated levels on 11 August 2026, with the price of 22 Carat gold reaching Rs. 356,700 for 8 grams, while 24 Carat gold was priced at Rs. 389,050 for the same weight.
Gold Price remains elevated as 22 Carat gold reaches Rs. 356,700
According to the latest market rates, the price of 22 Carat gold stood at Rs. 44,590 per gram. This places the commonly traded 8-gram unit, also known as one pawn, at Rs. 356,700. The rate provides an important reference for consumers, jewellery buyers and investors monitoring movements in the domestic gold market.
The latest figures also show a notable difference between 22 Carat Gold and 24 Carat Gold. While 22 Carat gold was priced at Rs. 44,590 per gram, the price of 24 Carat gold reached Rs. 48,640 per gram. For an 8-gram unit, the 24 Carat rate stood at Rs. 389,050.
| Gold Unit | Gold Price |
|---|---|
| Gold Ounce | Rs. 1,378,643.00 |
| 24 Carat 1 Gram | Rs. 48,640.00 |
| 24 Carat 8 Grams (1 Pawn) | Rs. 389,050.00 |
| 22 Carat 1 Gram | Rs. 44,590.00 |
| 22 Carat 8 Grams (1 Pawn) | Rs. 356,700.00 |
| 21 Carat 1 Gram | Rs. 42,560.00 |
| 21 Carat 8 Grams (1 Pawn) | Rs. 340,500.00 |
The figures indicate that gold continues to command a significant value in the Sri Lankan market. The price of a gold ounce was recorded at Rs. 1,378,643, while 21 Carat gold was priced at Rs. 42,560 per gram and Rs. 340,500 for 8 grams.
Gold purity remains one of the main factors determining the market value of jewellery and investment gold. 24 Carat gold has a higher purity than 22 Carat and 21 Carat gold, resulting in a higher price per gram. In jewellery markets, however, 22 Carat gold remains widely relevant because of its balance between purity and durability.
For consumers, changes in the Gold Price can directly affect the cost of purchasing jewellery, particularly when buying items based on weight. A relatively small movement in the price per gram can translate into a larger difference when purchasing an 8-gram unit or heavier jewellery pieces.
The domestic gold market is also influenced by international gold prices, movements in the US dollar, global investor demand and local currency conditions. As a result, Sri Lankan gold rates can change as international and domestic financial market conditions develop.
The latest rates provide a snapshot of the market on 11 August and should be viewed as indicative prices. Actual jewellery prices may differ depending on the retailer, making charges, workmanship costs, taxes and other applicable charges.
With gold continuing to attract attention as a store of value, consumers and investors are likely to keep monitoring daily price movements. The latest Gold Price figures underline the relatively high value of the precious metal in Sri Lanka, particularly for the widely traded 22 Carat and 24 Carat categories.