Local gold prices slightly down despite global rise
Local gold prices recorded a slight decline on July 4 despite global gold prices remaining elevated, according to the Sri Lanka Jewellers’ Association.
Local gold prices recorded a slight decline on July 4 despite global gold prices remaining elevated, according to the Sri Lanka Jewellers’ Association. Daily Mirror reported that the global price of an ounce of gold rose 1.52 percent from the previous day to US $4,175.07, while the local price of a pound of 24-carat gold fell from Rs. 386,000 to Rs. 384,000. The association also said the price of a pound of 22-carat gold dropped from Rs. 355,100 to Rs. 353,300.
Sources
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