Gold price in Sri Lanka moved higher on February 9, 2026, reflecting renewed demand and changing market sentiment. Updated rates show increases across 22 carat and 24 carat gold, influencing buying decisions for jewellery and investment purposes.
Gold price in Sri Lanka rises for 22 and 24 carat rates on Feb 9
Gold price in Sri Lanka continues to draw close attention as rates edged upward on February 9, 2026, driven by domestic demand patterns and broader global price movements. Gold remains a trusted store of value in Sri Lanka, particularly during periods of economic uncertainty, currency volatility, and rising living costs.
According to today’s pricing, 22 carat gold priced at one pawn, equivalent to eight grams, stands at Rs. 401,000, while a single gram of 22 carat gold is valued at Rs. 50,130. The increase reflects steady retail demand, especially from households preparing for weddings, seasonal ceremonies, and long-term savings.
Meanwhile, 24 carat gold, typically favoured for investment rather than jewellery, is trading higher. One pawn of 24 carat gold is priced at Rs. 437,400, with the per-gram rate reaching Rs. 54,680. These levels indicate firm investor confidence in gold as a hedge against inflation and financial instability.
Market observers note that gold price movements in Sri Lanka are influenced by a combination of international bullion trends, exchange rate behaviour, and local supply conditions. Since Sri Lanka relies heavily on imported gold, fluctuations in the rupee against major currencies can have an immediate impact on domestic prices, even when global rates remain relatively stable.
Jewellery buyers continue to prefer 22 carat gold due to its balance between purity and durability. In contrast, 21 carat gold offers a slightly lower-cost alternative, appealing to consumers seeking affordability without significantly compromising quality. On February 9, 21 carat gold is priced at Rs. 47,850 per gram and Rs. 382,800 per pawn, making it attractive for everyday jewellery purchases.
Gold also holds deep cultural significance in Sri Lanka, often serving as a form of intergenerational wealth. Families traditionally invest in gold during key life events, viewing it as a reliable financial safeguard that can be liquidated in times of need.
The gold price in Sri Lanka is also shaped by global factors such as interest rate expectations, geopolitical tensions, and movements in international commodity markets. When uncertainty rises in global financial systems, gold often benefits from increased safe-haven demand, pushing prices higher across local markets.
Retail traders report that while higher prices may slow impulse buying, long-term demand remains resilient. Many buyers choose to accumulate gold gradually, purchasing smaller quantities such as one gram at a time, particularly when prices approach record levels.
Analysts advise consumers to monitor daily gold rates closely and consider their purchase objectives carefully. Those buying for personal use may focus on craftsmanship and purity, while investors tend to track price trends and market signals more closely.
With current rates reflecting a firm tone, the gold market is expected to remain active in the coming weeks. Any shifts in global monetary policy or domestic currency conditions could further influence short-term price movements, keeping gold firmly in the spotlight.
Gold Price in Sri Lanka – 9 February 2026
| Gold Unit | Gold Price (LKR) |
|---|---|
| Gold Ounce | Rs. 1,549,950.00 |
| 24 Carat 1 Gram | Rs. 54,680.00 |
| 24 Carat 8 Grams (1 Pawn) | Rs. 437,400.00 |
| 22 Carat 1 Gram | Rs. 50,130.00 |
| 22 Carat 8 Grams (1 Pawn) | Rs. 401,000.00 |
| 21 Carat 1 Gram | Rs. 47,850.00 |
| 21 Carat 8 Grams (1 Pawn) | Rs. 382,800.00 |