Friday, October 16, 2026

Gold and Silver Prices Rise Amid Global Market Uncertainty


Gold and silver prices increased again today (22) amid international economic developments and ongoing tensions in the Middle East.

Accordingly, the price of one ounce of gold was recorded at USD 4,121.69, while one ounce of silver was trading at USD 59.75.

Gold prices in Sri Lanka have fluctuated in recent days, but market observers expect domestic gold prices to rise further due to the continued increase in international prices.

Foreign media reports indicate that the strengthening of the US dollar and shifts in the global political situation are among the key factors influencing movements in gold and silver prices.

Investors continue to monitor developments in global markets as uncertainty surrounding economic conditions and geopolitical tensions drives demand for precious metals.

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