Gold price today in Sri Lanka shows firm movement as rates remain elevated across carat categories, reflecting global bullion trends and sustained domestic demand for jewellery and investment ahead of seasonal buying.
Gold price today in Sri Lanka reflects steady demand and global trends
Gold price today in Sri Lanka remained firm on January 23, 2026, with rates holding near recent highs amid stable international bullion prices and cautious investor sentiment. Market data shows that both 22-carat and 24-carat gold continued to trade at elevated levels, underlining gold’s role as a preferred store of value in uncertain economic conditions.
As of January 23, the price of 22-carat gold for eight grams, commonly referred to as one pawn in the local market, stood at Rs. 384,200. On a per-gram basis, 22-carat gold was priced at Rs. 48,030. These levels reflect steady domestic demand, particularly from households purchasing jewellery for long-term savings and ceremonial use.
Higher-purity gold also recorded strong pricing. The 24-carat gold rate for eight grams reached Rs. 419,100, while one gram of 24-carat gold was priced at Rs. 52,390. The premium attached to higher purity continues to attract investors who prioritise bullion for wealth preservation rather than ornamentation.
Gold prices in Sri Lanka are influenced by a combination of global and domestic factors. International spot gold movements, currency trends, import costs, and local market demand all play a role in determining daily rates. Even moderate fluctuations in global gold prices can translate into noticeable changes locally, particularly when exchange rate dynamics are taken into account.
The local preference for measuring gold in pawns remains deeply embedded in Sri Lanka’s jewellery trade. An eight-gram pawn serves as a benchmark unit for pricing ornaments, bridal jewellery, and savings-oriented purchases. This traditional measurement system continues to coexist with gram-based pricing, offering transparency for both retail buyers and investors.
Beyond 22-carat and 24-carat gold, other purity levels also recorded firm pricing. Twenty-one-carat gold was priced at Rs. 45,850 per gram, while eight grams of 21-carat gold stood at Rs. 366,750. These rates appeal to buyers seeking a balance between durability and value, especially for everyday jewellery items.
Gold price today in Sri Lanka is also shaped by seasonal buying patterns. Demand typically increases ahead of festive periods, weddings, and cultural events, when jewellery purchases rise sharply. Even outside peak seasons, gold remains a preferred hedge against inflation and currency volatility, reinforcing consistent baseline demand.
From an investment perspective, gold continues to be viewed as a defensive asset. In times of economic uncertainty, investors often increase exposure to gold to protect purchasing power. This behaviour supports prices even when broader financial markets experience volatility or subdued growth.
Jewellers and traders note that consumer behaviour has become more price-conscious in recent months. Buyers increasingly track daily gold prices before making purchases, while some opt to stagger buying over time to manage cost exposure. Despite this caution, overall interest in gold has not diminished.
Looking ahead, market participants expect gold prices to remain sensitive to global economic signals, including interest rate expectations, inflation data, and geopolitical developments. Any sustained movement in international bullion prices or currency shifts could quickly reflect in local gold rates.
As gold price today in Sri Lanka remains elevated, buyers are advised to monitor daily price updates and consider purity, weight, and long-term objectives before purchasing, whether for adornment or investment purposes.
Gold Price Table (Sri Lanka – 23 January 2026)
| Gold Unit | Gold Price (LKR) |
|---|---|
| Gold Ounce | Rs. 1,485,087.00 |
| 24 Carat 1 Gram | Rs. 52,390.00 |
| 24 Carat 8 Grams (1 Pawn) | Rs. 419,100.00 |
| 22 Carat 1 Gram | Rs. 48,030.00 |
| 22 Carat 8 Grams (1 Pawn) | Rs. 384,200.00 |
| 21 Carat 1 Gram | Rs. 45,850.00 |
| 21 Carat 8 Grams (1 Pawn) | Rs. 366,750.00 |