Gold prices hit record high

Gold prices reached a new peak yesterday, with the price of a 22-carat gold sovereign rising to Rs. 337,600 in the Colombo Pettah market.

Traders said the price had climbed from Rs. 319,000 recorded the previous day, marking the first time it has crossed the Rs. 330,000 level.

Meanwhile, the price of a 24-carat gold sovereign, which was Rs. 345,000 on Sunday, has now increased to Rs. 365,000.

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