The price of gold in Sri Lanka has dropped below the Rs. 300,000 mark compared to recent weeks, it was reported.

According to local gold merchants, the price of a 22-carat gold sovereign is now listed at Rs. 298,000.

This reflects a decrease of Rs. 81,000 compared to Friday, October 17, when the price of a 22-carat gold sovereign stood at Rs. 379,200.

Meanwhile, the price of a 24-carat gold sovereign, which was Rs. 410,000 on Friday, has now fallen to Rs. 322,000. (Newswire)

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