The price of gold in the local and world market has reached its highest level in history.<\/p>\n
Accordingly, it is reported that, as of today (April 22), the price of an ounce of gold in the global market has reached a historic high of USD 3,500.<\/p>\n
Commenting on the continuous surge, the Assistant Director of the Precious Metal Assaying and Hallmarking Office of the National Gem & Jewellery Authority (NGJA), Indika Bandara, said that following the tariff announcement made by US President Donald Trump, the price of gold in the global market has surged to a new high.<\/p>\n
According to him, the factors contributing to the rise in global gold prices include the decline in the value of the U.S. Dollar, investors turning to gold as a safe-haven asset, and the escalating trade war between the U.S. and China.<\/p>\n
Meanwhile, in line with the increase in global gold rates, gold prices in Sri Lanka have also reached record highs.<\/p>\n
According to GOLDCeylon Gold News Network, which provides reliable daily updates on gold prices in Sri Lanka, the price of a pound of 22-carat gold in Sea Street, Colombo 11, has reached an all-time high of Rs. 255,000.<\/p>\n
The price of a pound of 24-carat gold has also risen to Rs. 277,000 today.<\/p>\n
Meanwhile, yesterday (April 21), the price of 22-carat gold stood at Rs. 246,600, while 24-carat gold was Rs. 268,000 in the Sri Lankan market.<\/p>\n
facebook sharing button Share<\/p>\n","protected":false},"excerpt":{"rendered":"
The price of gold in the local and world market has reached its highest level in history. Accordingly, it is reported that, as of today…<\/p>\n","protected":false},"author":2,"featured_media":3520,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":8,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local","entry"],"yoast_head":"\n