Sri Lanka Gold Price Today recorded a notable uptick on 17 February 2026, reflecting firm global bullion trends and steady local demand. The latest rates show gains across 22 carat and 24 carat categories in the domestic market.
Sri Lanka Gold Price Today climbs as 22 carat hits Rs. 398,000
| Gold Unit | Price (LKR) |
|---|---|
| Gold Ounce | 1,538,520 |
| 24 Carat 1 Gram | 54,270 |
| 24 Carat 8 Grams (1 Pawn) | 434,200 |
| 22 Carat 1 Gram | 49,750 |
| 22 Carat 8 Grams (1 Pawn) | 398,000 |
| 21 Carat 1 Gram | 47,490 |
| 21 Carat 8 Grams (1 Pawn) | 379,900 |
As of 17 February 2026, the Sri Lanka gold market continues to demonstrate upward momentum, with prices firming across key purity levels. The most closely watched benchmark, 22 carat 8 grams, commonly referred to as one pawn, is priced at Rs. 398,000. Meanwhile, 24 carat 8 grams stands at Rs. 434,200, underscoring sustained strength in higher-purity bullion.
On a per-gram basis, 22 carat gold is trading at Rs. 49,750, while 24 carat gold commands Rs. 54,270 per gram. The 21 carat category is also seeing elevated rates, with 8 grams priced at Rs. 379,900 and a single gram at Rs. 47,490. Gold ounce prices have reached Rs. 1,538,520, reflecting alignment with international spot market movements.
The Sri Lanka Gold Price Today is closely tied to global bullion benchmarks, currency fluctuations, and domestic supply-demand conditions. International gold prices have remained supported by macroeconomic uncertainty, central bank buying, and inflation hedging strategies adopted by investors worldwide. As Sri Lanka relies on imported bullion, exchange rate dynamics play a crucial role in determining local retail prices.
Jewellery demand remains a central pillar of the local gold market. In Sri Lanka, 22 carat gold dominates consumer preference due to its balance between purity and durability. The 8-gram pawn measurement is particularly significant, widely used in both jewellery purchases and gold-backed financial transactions. As prices rise, purchasing decisions often shift toward smaller weights or phased buying strategies, especially among middle-income households.
The difference between 22 carat and 24 carat pricing reflects purity variations. While 24 carat gold contains 99.9% pure gold and is often favored for investment bars and coins, 22 carat gold includes a small percentage of alloyed metals to enhance strength, making it suitable for intricate jewellery designs. This structural difference explains the premium attached to 24 carat rates in the daily market.
Market analysts note that bullion pricing in Sri Lanka is influenced by three primary variables: international gold spot rates, the USD-LKR exchange rate, and import-related costs such as taxes and dealer margins. Even modest fluctuations in global prices can translate into noticeable shifts in domestic pawn rates due to currency adjustments. Consequently, local buyers monitor both global commodity markets and central bank policy signals.
The steady climb in the Sri Lanka Gold Price Today may also reflect continued investor appetite for safe-haven assets. In periods of financial uncertainty, gold traditionally acts as a store of value. Retail investors, as well as institutional participants, often increase allocations to bullion when equity market volatility rises or inflationary pressures persist. This defensive positioning contributes to sustained upward price pressure.
Despite higher rates, gold retains cultural and financial significance in Sri Lanka. Beyond ornamental use, gold functions as collateral in short-term financing arrangements. Pawn-based lending remains widespread, and price stability is critical for both borrowers and lenders. When pawn rates approach key psychological thresholds, market activity can either accelerate due to fear of further increases or temporarily slow as buyers await corrections.
Comparatively, the spread between 21 carat, 22 carat, and 24 carat pricing highlights the market’s segmentation. Consumers seeking affordability may opt for 21 carat jewellery, priced at Rs. 379,900 for 8 grams, while investors prioritizing purity lean toward 24 carat bullion. The price differential reinforces the importance of clarity when evaluating daily gold rate updates.
Looking ahead, bullion traders expect continued sensitivity to global economic indicators, including interest rate signals from major central banks and geopolitical developments. A softer US dollar typically supports higher gold prices, while tightening monetary policy can moderate gains. For Sri Lankan consumers, exchange rate stability will remain equally critical in shaping retail pricing.
In summary, the Sri Lanka Gold Price Today reflects firm underlying demand and global market alignment. With 22 carat 8 grams at Rs. 398,000 and 24 carat 8 grams at Rs. 434,200, the domestic bullion market remains elevated. Buyers and investors are advised to track daily rate movements and assess timing based on broader economic signals rather than short-term volatility.