Sri Lanka, June 18 -- The All Ceylon Jewellery Merchants Association announced a slight decrease in gold prices in the domestic market today compared to yesterday's rates.

According to the association, the price of a 24-karat sovereign decreased by Rs. 1,000.

Under current market conditions, a 24-karat sovereign retails at 392,000 rupees, whilst a 22-karat sovereign trades at 360,600 rupees.

On a per-gram basis, 24-karat gold stands at 49,000 rupees, and 22-karat gold sells at 45,075 rupees.

Market sources stated that the impact of price variations in the international gold market continues to reflect in domestic gold rates.

Published by HT Digital Content Services with permission from Hiru News....