Frequently asked questions
Answers about gold prices, your account, buying and redeeming gold, custody and security.
Gold prices
What is the gold price in Sri Lanka today?
Today's buying and selling prices for 24K, 22K, 21K, 18K, 14K and 9K gold, per pawn, per gram and per ounce, are on our live gold price page. The prices follow the market and update automatically while you have the page open.
See today's gold price→How much is a pawn of gold?
In Sri Lanka a pawn (also called a sovereign) is 8 grams of gold. On the gold price page you can switch between pawn, gram and ounce.
What is the difference between the buying price and the selling price?
The buying price is what you receive when you sell gold. The selling price is what you pay when you buy gold. The gap between the two covers handling and the market spread.
What do 24K, 22K, 21K, 18K, 14K and 9K mean?
Karat measures purity. 24K is pure gold (100%). 22K is 91.6% gold, 21K is 87.5%, 18K is 75%, 14K is 58.3% and 9K is 37.5%. The less gold in the alloy, the lower the price per gram.
Your account
How do I create a CMBGOLD account?
Create a free account on the CMBGOLD portal with your name, email address and a password. We email you a code to confirm your email, and once it is confirmed you can log in.
Create your free account→Why do I need to verify my identity?
We verify every customer before they can buy gold. This protects your account and keeps the platform compliant. You enter your personal details and nominees, upload a photo of your NIC, passport or driving licence, take a selfie and accept the terms and privacy policy. Your progress is saved after each step, so you can leave and continue later.
How do I know when my account is verified?
Our team reviews your documents and we email you as soon as your account is verified. If something needs correcting, we tell you exactly what to fix and you can resubmit.
Is my personal information safe?
Your identity documents are stored privately, not publicly, and are reviewed only by authorised CMBGOLD staff. Your login uses a protected session, and you can log out at any time.
Buying gold
How do I buy gold with CMBGOLD?
Log in, enter how much gold you want in grams or how much you want to spend in rupees, and place your order. You then pay by bank transfer and upload your bank receipt. Once we verify the payment, the gold is added to your account.
Which price do I pay?
You pay the live selling price shown on the portal at the moment you place the order. If the rate changes before you confirm, we show you the updated amount first, so you never pay a price you have not seen.
How do I pay, and what receipt do I upload?
Pay the order amount by bank transfer to the account shown on your order, using the order reference. Then upload the receipt as an image or PDF, up to 2 MB. You can track the order from payment review through to completion.
When is the gold added to my account?
After our team verifies your payment and completes the order. You receive an email when the gold has been added, and your holdings update in your dashboard.
What if my receipt is not accepted?
If a receipt is unclear or does not match the order, we ask you for a new one and tell you why. You can upload it again from the order page.
Redeeming physical gold
What is the minimum I can redeem as physical gold?
The minimum redemption is 8 grams (one pawn). Once you hold at least 8 grams of available gold you can redeem any amount from 8 grams up to what you hold.
How do I redeem my gold?
Choose how much to redeem, enter your delivery details, pay the delivery fee by bank transfer and upload the receipt. Our team reviews the request, prepares the gold and dispatches it to you. You can follow each step from your account, and we email you when it has been delivered.
What does redemption cost?
A delivery fee applies to each redemption (currently Rs 1,000), and applicable VAT and delivery charges will be added upon redemption of physical gold.
How is physical gold delivered?
Redeemed gold is delivered to the address you provide. Once it is dispatched, your account shows the courier and tracking details.
Custody and security
Is my digital gold backed by real gold?
Yes. Digital gold in your account is backed by physical gold held with independent custody partners, with the holdings recorded digitally for transparency and traceability.
How we protect physical gold→Does CMBGOLD buy, sell or own gold?
CMBGOLD is a technology platform that facilitates transactions between independent buyers and sellers. All transactions occur between independent parties, and CMBGOLD does not support transactions involving illegal or unauthenticated gold.
About CMBGOLD
What is CMBGOLD?
CMBGOLD is a Sri Lankan technology startup transforming the gold industry through digital innovation. Our platform connects independent gold buyers and sellers with modern tools for gold pricing, gold ownership management and digital gold services, making gold more accessible to everyone.
About CMBGOLD→How can I contact CMBGOLD?
Message us on WhatsApp or call +94 77 171 5144. You can also visit one of our franchise locations across Sri Lanka.
WhatsApp us→Can my business partner with CMBGOLD?
Yes. We work with gold buyers, vendors and franchise partners. See the partnership opportunities and register your interest.
Partner with CMBGOLD→Still have a question?
Our team is happy to help. Message us on WhatsApp and we will get back to you.
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