The Gold Price in Sri Lanka remained firm on January 7, 2026, reflecting sustained demand and global price stability. Local market rates showed strength across 22-carat and 24-carat gold categories, maintaining investor and consumer interest.
Gold Price in Sri Lanka today shows firm rates across 22 and 24 carat levels
Gold prices in Sri Lanka continued to trade at elevated levels on January 7, 2026, reinforcing the metal’s status as a preferred store of value among local buyers. The domestic bullion market reflected firm pricing across all major purity levels, supported by steady international gold trends, currency movements, and consistent retail demand.
According to the latest market rates, the price of 22-carat gold, which is widely used for jewellery in Sri Lanka, stood at Rs. 359,600 for 8 grams, commonly referred to as one pawn. On a per-gram basis, 22-carat gold was priced at Rs. 44,950, highlighting the continued strength in retail pricing despite moderate fluctuations in global markets.
Higher-purity gold also maintained robust levels. The price of 24-carat gold, typically preferred for investment purposes, reached Rs. 392,250 for 8 grams, while one gram was quoted at Rs. 49,030. These figures reflect a sustained premium for investment-grade gold as investors seek stability amid lingering economic uncertainties and inflation concerns.
Market analysts note that gold prices in Sri Lanka often mirror a combination of global bullion prices and domestic currency conditions. Movements in the Sri Lankan rupee against the US dollar play a significant role in shaping local gold rates, even when international prices remain relatively stable. As a result, domestic gold prices tend to remain firm during periods of currency softness.
The price of gold per ounce in the local market was recorded at Rs. 1,389,902, underscoring the high valuation of the precious metal in rupee terms. This has reinforced gold’s appeal as a long-term hedge, particularly for households and investors seeking protection against currency depreciation and rising living costs.
In addition to 22-carat and 24-carat gold, 21-carat gold also recorded steady prices. One gram of 21-carat gold was priced at Rs. 42,910, while 8 grams traded at Rs. 343,250. Although less commonly used than 22-carat gold in Sri Lanka, 21-carat gold continues to attract buyers looking for a balance between purity and affordability.
Jewellery retailers reported stable footfall, driven largely by seasonal buying and long-term savings demand. Gold remains deeply embedded in Sri Lankan cultural and financial practices, often serving as both adornment and financial security. Even at higher price levels, consumer interest has shown resilience, particularly for wedding jewellery and ceremonial purchases.
From an investment perspective, analysts suggest that sustained gold prices reflect cautious sentiment in broader financial markets. With global interest rate expectations, geopolitical risks, and inflation trends still evolving, gold continues to benefit from its reputation as a safe-haven asset. This dynamic has helped keep prices elevated, both globally and in Sri Lanka.
Looking ahead, traders expect gold prices in Sri Lanka to remain sensitive to movements in the international bullion market and fluctuations in the local currency. Any significant shifts in global monetary policy or exchange rates could translate quickly into domestic price changes. However, in the absence of sharp external shocks, prices are expected to remain range-bound at relatively high levels.
For consumers and investors, current pricing highlights the importance of timing and long-term planning when purchasing gold. While short-term fluctuations are inevitable, the broader trend continues to underline gold’s enduring value within Sri Lanka’s financial landscape.
| Gold Unit | Gold Price (Rs.) |
|---|---|
| Gold Ounce | 1,389,902.00 |
| 24 Carat 1 Gram | 49,030.00 |
| 24 Carat 8 Grams (1 Pawn) | 392,250.00 |
| 22 Carat 1 Gram | 44,950.00 |
| 22 Carat 8 Grams (1 Pawn) | 359,600.00 |
| 21 Carat 1 Gram | 42,910.00 |
| 21 Carat 8 Grams (1 Pawn) | 343,250.00 |

