The price of gold in Sri Lanka has risen following a surge in global gold prices. According to the Colombo Pettah traders, the price of a 24-carat gold sovereign has increased by Rs. Accordingly, a 24-carat gold sovereign is priced at Rs. 420,000, while a 22-carat gold sovereign is sold from Rs. Meanwhile, the global price of gold per ounce surpassed USD 5,500 earlier today.