Gold Price in Sri Lanka remained elevated on 17 August 2026, with 22 Carat gold priced at Rs.353,800 for 8 grams, while the 24 Carat rate reached Rs.385,950 for the same weight.
Gold Price in Sri Lanka remains elevated as 24 Carat gold reaches Rs.385,950 per pawn
Gold prices in Sri Lanka continued to remain at elevated levels on Monday, with rates showing a significant difference depending on purity and weight. The latest market figures provide an important reference for consumers, investors and businesses monitoring precious-metal prices.
The 22 Carat gold rate stood at Rs.44,220 per gram, putting the price of 8 grams, commonly referred to as one pawn, at Rs.353,800. The 22 Carat category is particularly relevant to jewellery buyers because it offers a balance between gold purity and durability for everyday use.
For higher-purity gold, the 24 Carat rate was recorded at Rs.48,240 per gram. Based on the same eight-gram weight, the price reached Rs.385,950. This represents a premium of Rs.32,150 compared with 22 Carat gold for one pawn.
The latest Sri Lanka gold rates also showed that 21 Carat gold was priced at Rs.42,210 per gram, while 8 grams of 21 Carat gold was valued at Rs.337,700. The variation between the different purity levels illustrates how the gold content directly influences the market value of each product.
The reported price of one gold ounce stood at Rs.1,367,534. An ounce is a substantially larger unit than the 8-gram pawn commonly used in the Sri Lankan jewellery market, making the ounce figure more relevant for investors and market participants tracking international and wholesale gold values.
For jewellery customers, however, the per-gram and eight-gram prices remain among the most closely watched figures. Buyers can use these rates as a general benchmark when assessing the underlying value of jewellery, although the final retail price can differ depending on workmanship, design, dealer margins, taxes and other charges.
The Gold Price can also change during the day as international bullion prices, exchange-rate movements and local market conditions influence the value of the precious metal. Sri Lanka’s gold market is particularly sensitive to movements in the US dollar because international gold prices are generally quoted in dollars.
The difference between 22 Carat and 24 Carat gold is also important when comparing prices. 24 Carat represents a higher level of purity and therefore carries a higher price per gram. 22 Carat gold contains a smaller proportion of pure gold because other metals are incorporated to improve durability and suitability for jewellery.
At Rs.353,800 per pawn, the 22 Carat rate remains a significant consideration for households purchasing traditional gold jewellery. The cost of an item, however, cannot be determined solely by the quoted bullion rate, as jewellery stores typically add making charges and other applicable costs.
Investors monitoring Sri Lanka gold rates may also compare domestic prices with international gold movements and foreign exchange trends. Gold is often viewed as a store of value during periods of economic or financial uncertainty, although its price can fluctuate considerably and does not guarantee a particular return.
The latest figures therefore provide a snapshot of the local gold market on August 17, 2026. The 22 Carat price stood at Rs.353,800 for eight grams, while 24 Carat gold reached Rs.385,950 for the same weight.
For consumers, checking the latest rate before purchasing remains important, particularly when buying larger quantities or making high-value jewellery transactions. Buyers should also confirm the final price with the seller, as quoted gold rates may not include workmanship and other retail charges.
Gold Prices in Sri Lanka – 17 August 2026
| Gold Unit | Gold Price |
|---|---|
| Gold Ounce | Rs. 1,367,534.00 |
| 24 Carat 1 Gram | Rs. 48,240.00 |
| 24 Carat 8 Grams (1 Pawn) | Rs. 385,950.00 |
| 22 Carat 1 Gram | Rs. 44,220.00 |
| 22 Carat 8 Grams (1 Pawn) | Rs. 353,800.00 |
| 21 Carat 1 Gram | Rs. 42,210.00 |
| 21 Carat 8 Grams (1 Pawn) | Rs. 337,700.00 |