Sri Lanka · LKR · June 2024
Gold Price in Sri Lanka — June 2024
In June 2024, the gold price in Sri Lanka closed at approximately Rs684,003 per troy ounce, equivalent to Rs256,505 per tola or Rs21,991 per gram. This represents a +0.52% change on the month (Rs680,462 open → Rs684,003 close).
Open
Rs680,462
per troy ounce
Close
Rs684,003
per troy ounce
High
Rs698,405
per troy ounce
Low
Rs676,784
per troy ounce
All unit prices at June 2024 close — Sri Lanka
| Unit | Weight | Closing LKR price |
|---|---|---|
| Troy ounce | 31.1035 g | Rs684,003 |
| Gram | 1.0000 g | Rs21,991 |
| 10 grams | 10 g | Rs219,912 |
| Kilogram | 1,000 g | Rs21,991,181 |
| Tola | 11.664 g | Rs256,505 |
Karat-purity breakdown at June 2024 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24KSRI LANKA STD | Rs21,969 | Rs256,249 |
| 22K | Rs20,144 | Rs234,959 |
| 21K | Rs19,242 | Rs224,442 |
| 18K | Rs16,493 | Rs192,379 |
| 14K | Rs12,865 | Rs150,056 |
| 10K | Rs9,170 | Rs106,963 |
Daily gold price in LKR — June 2024
June 2024 gold market: Consolidation after the spring records
Range-boundAn orderly pause after the record-setting spring.
Gold consolidated around $2,320–$2,330 in June 2024 after its torrid spring run, as the Federal Reserve held rates steady and trimmed its projected number of 2024 cuts. The pause was orderly, with central-bank and Asian demand absorbing the profit-taking.
What drove gold in June 2024
- Fed holds rates, projects fewer cuts
- profit-taking after spring records
- steady official-sector demand
- firm dollar
Key events in June 2024
- Jun 12Fed holds and trims its 2024 rate-cut projection; gold steadies
What happened next
Reviving rate-cut hopes drove gold back to records in July.
For gold buyers in Sri Lanka
June's calm digestion of huge gains signalled a healthy trend rather than an exhausted one.
The 2024 gold market: Above $2,500 — breakout to new highs
2024 saw gold break decisively above $2,000 and reach $2,790 by year-end. Central-bank buying continued at record pace. Geopolitical tensions (Middle East, Ukraine) and Fed rate cuts beginning in September drove the rally. Year close: $2,624.
Key drivers in 2024
Fed cuts begin, central-bank buying records, BRICS expansion, Middle East tensions, USD weakness
2024 XAU/USD high
$2,790 (Oct)
2024 XAU/USD low
$1,991 (Feb)
Era context — The modern bull market (2019 to today)
Gold's second major bull market of the 21st century. Driven by COVID stimulus, Russia sanctions, central-bank accumulation at record levels, and the structural shift toward a multi-polar reserve system. New all-time highs reached repeatedly since 2020.
The Sri Lanka gold market
Sri Lanka retail gold prices are quoted in the local currency per gram for 24K and 22K purities, and per troy ounce for investment-grade bullion. Local rates usually sit above the international XAU/USD spot price after import duties, sales taxes, and jewellery making charges are applied. Use this archive as the international reference price; final retail rates depend on your dealer and the date's exchange rate.
Standard quote unit
gram
Common purity
24K
Currency
LKR (Rs)
Daily gold price — June 2024, Sri Lanka
Rs680,462
$2,326.44/oz
Rs688,748
$2,354.77/oz
Rs688,748
$2,354.77/oz
Rs688,197
$2,352.89/oz
Rs689,563
$2,357.56/oz
Rs695,718
$2,378.60/oz
Rs698,405
$2,387.79/oz
Rs676,784
$2,313.87/oz
Rs676,784
$2,313.87/oz
Rs678,578
$2,320.00/oz
Rs684,926
$2,341.70/oz
Rs680,566
$2,326.80/oz
Rs683,470
$2,336.73/oz
Rs682,277
$2,332.65/oz
Rs681,215
$2,329.02/oz
Rs682,429
$2,333.17/oz
Rs682,975
$2,335.03/oz
Rs691,913
$2,365.59/oz
Rs692,842
$2,368.77/oz
Rs682,887
$2,334.73/oz
Rs682,887
$2,334.73/oz
Rs683,598
$2,337.16/oz
Rs679,753
$2,324.02/oz
Rs681,800
$2,331.02/oz
Rs684,365
$2,339.79/oz
Rs684,003
$2,338.55/oz
How Sri Lanka gold prices are calculated on this page
Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The LKR/USD exchange rate comes from exchangerate-api.com's 2024 year-end snapshot.
Conversion. Every LKR figure on this page is computed as XAU/USD price × LKR/USD rate. We use the year-end exchange rate consistently across all June 2024 prices on this page.
Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).
What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Sri Lanka, add the country-specific levies described in the “Sri Lankagold market” section above.
FAQ — Sri Lanka gold price in June 2024
What was the gold price in Sri Lanka in June 2024?
In June 2024, gold in Sri Lanka opened at Rs680,462/oz and closed at Rs684,003/oz — a move of +0.52% on the month. Per tola: ≈Rs256,505; per gram: ≈Rs21,991; per 10g: ≈Rs219,912.
What was the 24K gold rate per tola in Sri Lanka in June 2024?
The 24K gold rate per tola in Sri Lanka at the June 2024 close was approximately Rs256,505, derived from international XAU/USD spot of $2,338.55/oz times the 2024-end LKR/USD exchange rate of 292.4907. This is pure metal value; final retail rates include local taxes and dealer making charges.
What was the 24K gold rate per gram in Sri Lanka in June 2024?
Sri Lanka's most-quoted retail standard is 24K per gram. At the June 2024 close, that worked out to approximately Rs21,969 (24K pure-metal value). Add local taxes and making charges for the final retail rate.
How was the local currency price calculated?
LKR prices on this page are computed from the verified international XAU/USD spot price for June 2024 (sourced from gold-api.com), multiplied by the 2024-end LKR/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.
Why does the retail price in shops differ from this number?
The Rs figures here represent the international gold spot price converted to LKR at the 2024-end exchange rate. Sri Lanka's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.
Want today's rate in Sri Lanka? See live gold prices in Sri Lanka with minute-by-minute updates and per-karat breakdowns.
Different month or year? Use the prev / next buttons above, or jump to the full 2024 archive or the USD-only June 2024 page with the country-by-country list at the bottom.
Other markets? Compare June 2024 prices across other major gold-trading countries: India, Bangladesh, Nepal, United Arab Emirates, Saudi Arabia, Malaysia.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to LKR at the 2024-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Sri Lanka before transacting.