🇱🇰Palladium Rate in Pita Kotte Today
The palladium rate in Pita Kotte today is Rs104,441 per sovereign (pavan) for 22K, based on an international spot price of $1,347.00 per troy ounce. That is down Rs2,272 from the previous close. This is the international spot price converted into LKR for Pita Kotte, Western Province. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of Sri Lanka's larger markets, with a population of around 118,179. The LKR has strengthened 0.286% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Palladium rate in Pita Kotte — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | Rs14,242 | Rs13,055 | Rs12,462 | Rs10,682 | Rs8,308 |
| 1 Sovereign (Pavan) (8 g) | Rs113,936 | Rs104,441 | Rs99,694 | Rs85,452 | Rs66,463 |
| 1 Troy Ounce (31.1035 g) | Rs442,976 | Rs406,062 | Rs387,604 | Rs332,232 | Rs258,403 |
| 1 Kilogram (1,000 g) | Rs14,242,016 | Rs13,055,182 | Rs12,461,764 | Rs10,681,512 | Rs8,307,843 |
All figures in LKR (Rupee). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Palladium rate in Pita Kotte — questions
What is the palladium rate in Pita Kotte today?
The palladium rate in Pita Kotte today is Rs104,441 per sovereign (pavan) for 22K, and Rs113,936 per sovereign (pavan) for 24K. These are live figures converted from international spot at the current LKR exchange rate.
What is the price of 1 gram of gold in Pita Kotte?
One gram of 24K palladium costs Rs14,242 in Pita Kotte, and 22K costs Rs13,055 per gram. 18K works out at Rs10,682.
Why is 22K cheaper than 24K in Pita Kotte?
22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is Rs1,187 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Pita Kotte different from other cities?
The underlying metal price is identical everywhere in Sri Lanka — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.
How often does this rate update?
The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 1 month ago. Exchange rates refresh alongside it.