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Everything you need to know about selling gold, gold prices, and our services at Vilva Gold Jewellery in Sri Lanka.
Gold Price - Sri Lanka
Gold Price in Sri Lanka - Your Questions Answered
Common questions about live gold rates, how prices are calculated, and what affects the gold price in Colombo and across Sri Lanka.
Today's gold price varies by karat purity (24KT, 22KT, 21KT, 18KT) and changes daily based on global market rates. You can view our updated buying and selling rates per gram directly on our homepage or our live Gold Prices page in LKR.
The gold rate in Sri Lanka is calculated by taking the international spot gold price (quoted in USD per troy ounce), converting it to Sri Lankan Rupees (LKR) based on the current USD/LKR exchange rate, dividing it by the weight in grams, and adjusting for local import taxes, levies, and refinery margins.
The buying rate is the cash price we pay you when you sell gold to us. The selling rate is the price at which gold is sold or traded in the market. Since we purchase your gold for recycling and refining, our buying rate is optimized to give you the highest possible payout in Colombo.
Gold is traded globally 24 hours a day. Global factors like central bank interest rates, inflation, geopolitical instability, and changes in the USD exchange rate cause the spot gold price to fluctuate. Sri Lanka's local rate changes daily to reflect these global movements and local currency values.
With gold trading near historic highs in 2026, it is currently an excellent time to sell gold for cash or bank transfers. Selling when the Sri Lankan Rupee is fluctuating or when global spot rates are peaking guarantees you get the maximum value for your jewelry.
Selling Gold at Vilva Gold
Selling Your Gold - Process & Payment
Everything you need to know about how to sell your gold at Vilva Gold Jewellery — from preparation to instant payment.
Our process is simple and takes less than 15 minutes: 1) You bring your gold to our Rajagiriya branch. 2) We weigh and test your gold's purity right in front of you using our non-destructive X-ray (XRF) machine. 3) We offer an instant quote based on today's live rate. 4) You get paid immediately in cash or instant bank transfer.
We buy all forms of gold, including jewelry (necklaces, rings, bangles, earrings), gold coins, bars, biscuits, Sovereign gold, and dental gold. We accept all purities, typically ranging from 18K to 24K gold.
Yes, absolutely. We buy gold based strictly on its purity and weight (fine gold content), not its condition. Broken chains, single earrings, damaged rings, or scratched bars are worth the exact same value per gram as intact jewelry.
To comply with Sri Lankan financial regulations and anti-theft laws, you must bring a valid government-issued identification document, such as your National Identity Card (NIC), Driving License, or Passport.
No, there is absolutely no obligation. Our testing and valuation service is 100% free of charge. If you choose not to accept our offer, you are free to take your gold back without paying anything.
Our Services
Visit, Home Visit & Online Service
Questions about how to reach us — whether you want to walk in, have us come to you, or use our WhatsApp buying service.
Our main branch is located at No-247, 2nd Floor, Jana Jaya City Mall, Rajagiriya, Colombo. We are easily accessible with ample parking and high security inside the mall.
If you cannot travel or have a large amount of gold to sell, you can request a home visit. Our certified valuers will travel to your residence with portable testing scales and XRF equipment to evaluate and purchase your gold securely at your home.
Simply WhatsApp a clear photograph of your gold jewelry or bar along with any weight/purity details to +94 70 340 0100. Our experts will analyze the photo and send you a preliminary quote within 30 minutes. If you agree, you can visit us or schedule a pickup to finalize the sale.
Yes, our home visit service is available across Colombo and the Greater Colombo area. For large quantities, we can arrange secure doorstep collections in other major districts across Sri Lanka.
While our core business is buying gold, we also evaluate and purchase gold jewelry containing diamonds and high-value precious gemstones. We do not purchase standalone silver or replica watches, but we can value authentic luxury Swiss watches.
Pawned Gold Redemption
Pawned Gold - Release & Settlement
How our pawned gold redemption service works — we pay off your bank or pawn shop loan and give you the remaining cash value of your gold.
If you have pawned your gold at a bank or a pawn shop and cannot afford to release it, Vilva Gold will pay off the accrued interest and principal loan amount on your behalf, retrieve your gold, and pay you the remaining balance in cash based on today's high market rate.
Yes, we release pawned gold from all major commercial banks in Sri Lanka (e.g., Bank of Ceylon, People's Bank, Commercial Bank) as well as private finance companies and licensed pawning brokers.
We do not charge any upfront service fees for our redemption service. The cost of releasing the gold (principal loan + interest paid to the bank) is simply deducted from the final valuation payout of your gold.
We first calculate the total market value of your gold based on today's rate. Then, we deduct the exact amount paid to the bank/pawning center to release the item. You receive the entire remaining balance immediately in cash or bank transfer.
Yes, the entire process is 100% legal, transparent, and fully documented. Our representatives accompany you directly to the bank or pawning center to settle the loan, ensuring your gold is retrieved safely and all transaction papers are signed by you.