Gold Market Report
Sri Lanka Gold Market Report
Independently researched coverage of the Sri Lanka gold market, last verified Sep 1, 2026. 24K gold is currently LKR 535,285.82 per tola.
See the live gold price page for Sri Lanka →Research coverage
4 of 4 research sections published for Sri Lanka.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in LKR.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | LKR 45,892.90 | LKR 1,427,428.85 | LKR 535,285.82 | LKR 45,892,903.15 |
| 22 karat (916.7) | LKR 42,074.23 | LKR 1,308,654.89 | LKR 490,745.58 | LKR 42,074,231.74 |
| 21 karat (875) | LKR 40,160.31 | LKR 1,249,125.15 | LKR 468,421.93 | LKR 40,160,306.29 |
| 18 karat (750) | LKR 34,423.12 | LKR 1,070,678.70 | LKR 401,504.51 | LKR 34,423,119.68 |
| 14 karat (583.3) | LKR 26,772.01 | LKR 832,702.52 | LKR 312,263.44 | LKR 26,772,007.61 |
| 10 karat (416.7) | LKR 19,125.49 | LKR 594,869.09 | LKR 223,075.91 | LKR 19,125,485.29 |
Trend
Last 3 months
Per gram · LKR
- Change
- +6.59%
- Low
- LKR 42,559.93
- High
- LKR 49,382.78
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the Sri Lanka gold market
Sri Lanka restricts individuals from bringing in gold jewellery above 22 karats under a presidential gazette notification, requiring a special permit for anything of higher purity.
Read the full section on the live price page →Market notes
Sri Lanka has taxed both imported gold and locally manufactured jewellery labour charges at 18% VAT since January 2024, plus a separate 2.5% Social Security Contribution Levy -- a heavy combined burden that has significantly slowed the country's jewellery sector, according to industry reporting.
Read the full section on the live price page →Buying gold in Sri Lanka
Sri Lanka's jewellery-sector tax burden is high enough that the industry itself has been publicly lobbying for relief -- factor the 18% VAT plus 2.5% SSCL into any comparison between a Sri Lankan retail quote and KmalServico's live, duty-free international reference.
Read the full section on the live price page →Tax & duty notes
Sri Lanka charges 18% VAT on both imported gold and the labour charges for locally manufactured jewellery, in place since January 2024, plus a further 2.5% Social Security Contribution Levy (SSCL).
Read the full section on the live price page →Sources
What the Sri Lanka research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- Daily FT — VAT on jewellery: Serious challenges for all stakeholders
Supports: 18% VAT and 2.5% SSCL on gold and jewellery labour charges since January 2024
Checked Sep 1, 2026
- Lanka Newspapers — Sri Lanka Weighs Local Gold Refinery Option
Supports: IMF-linked constraints blocking tax relief and the government's alternative domestic-refinery approach
Checked Sep 1, 2026
Related markets
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Sri Lanka's immediate sub-region doesn't list enough markets on its own, so this also includes other Asia countries.
Learn
Guides relevant to this gold market
- education
How Gold Prices Work
Gold prices are set globally in USD per troy ounce and translated into every local market using exchange rates and purity.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
- purity
24K vs 22K Gold: What's the Difference?
24K is nearly pure gold. 22K is 91.6% gold mixed with other metals for durability. Learn which suits investment vs. jewelry.
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from xaus.com + gold-api.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.