Sri Lanka Gold Price Calculator
Calculate the value of gold in Sri Lankan Rupees (LKR) based on weight, karat purity, and the local gold price per gram. Supports grams, pawans (8 grams), sovereigns (8 grams), and tolas (11.66 grams), the standard units used in the Sri Lankan gold market. Enter the current 24K price per gram from local jewelers to get accurate valuations.
Regional Rule Context
Sri Lanka Rates and Rules
Gold value = weight (grams) x 24K price per gram x karat purity fraction. Sri Lanka units: 1 pawan = 8 g, 1 sovereign = 8 g, 1 tola = 11.6638 g. Common karats: 22K (91.67%) for jewelry, 24K (99.9%) for investment. Local prices include 5-10% import duty plus shop margin over the international spot rate.
Enter Values
Weight of gold in selected unit
Pawan is the most common unit in Sri Lankan jewelry shops
22K is the most popular for Sri Lankan gold jewelry
Current 24K gold price per gram in Sri Lankan Rupees
Result
Enter values above and click Calculate to see your result.
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Convert Sri Lankan gold prices between units (gram, pawan, sovereign, tola) and karats (9K, 14K, 18K, 22K, 24K). One pawan or sovereign equals 8 grams, one tola equals 11.6638 grams. Pawan is the standard unit in Sri Lankan gold shops and 22K (91.67% pure) is the most popular karat for wedding and daily-wear jewelry. Local prices are typically 5 to 10% above the international spot rate due to import duties, customs charges, currency exchange, and seasonal demand spikes during wedding and festival periods. Always confirm whether a quoted price is per gram or per pawan and ask for a separate breakdown of gold cost vs making charges.
Disclaimer: This calculator uses publicly available rules effective as of Jan 1, 2026 (version 1.0). Results are for informational purposes only. Always verify with official sources or a qualified professional. Last reviewed: May 7, 2026.
Formula
Convert the weight to grams using local units (1 pawan = 8 grams, 1 sovereign = 8 grams, 1 tola = 11.6638 grams). Multiply by the 24K gold price per gram in LKR, then adjust for karat purity. The Sri Lankan gold market prices gold per gram or per pawan rather than per troy ounce.
Sri Lanka FAQs
What is a pawan in Sri Lankan gold measurement?
A pawan is the standard gold unit in Sri Lankan jewelry shops, equal to 8 grams. One sovereign also equals 8 grams and is used interchangeably with pawan. Tola is mostly used for older 11.66-gram coin pricing. Always confirm whether a quoted price is per gram or per pawan, since the difference is 8x.
Why is gold more expensive in Sri Lanka than the international spot price?
Sri Lankan gold prices include 5 to 10% import duty, customs charges, GST, and shop margin. Currency depreciation against USD also pushes prices up. During the wedding season (April, July, December), demand premiums add another 2 to 5% on top of duties.
What gold karat is most popular for Sri Lankan jewelry?
22K (91.67% pure) is the most popular karat for daily-wear and wedding jewelry like thali chains, bangles, and necklaces because it balances purity with durability. 24K is too soft for jewelry and is mostly bought as investment bars and coins. 18K is occasionally used for stone-set pieces.
Where can I find todays gold price in Sri Lanka?
The Colombo Gold Traders Association publishes daily 24K and 22K rates. Major chains like Vogue Jewellers, Raja Jewellers, Damro Jewellery, and Thangamayil Jewellery display rates daily. Prices are quoted per gram or per pawan. There is usually a small variation between shops based on making charges and stocking premiums.
How much is 1 pawan of 22K gold in Sri Lanka?
At a typical 24K price of LKR 28,000 per gram, 1 pawan (8 g) of 22K gold has gold value of 8 x 28,000 x 0.9167 = LKR 205,344. Add the making charge (LKR 4,000 to LKR 24,000 per pawan depending on design) for the final shop price. Plain bangles cost less than intricate stone-set pieces.
Are making charges negotiable in Sri Lanka?
Yes, often. Making charges range from LKR 500 to LKR 3,000 per gram or a flat per-pawan rate, depending on design complexity. Plain wedding chains and bangles have the lowest charges. Always ask for a separate breakdown of gold value vs making charge and stone setting; many shops will reduce making charges by 10 to 20% on bulk wedding orders.
Can I use this Sri Lanka Gold Price Calculator on my own web page?
You can. Look for the "Embed" button near the top of this calculator. It lets you pick a size, border style, and color palette, then gives you an iframe tag to paste into any webpage. The widget is responsive, loads fast, and costs nothing. More details at calculory.com/services/embed-calculators.
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