The price of the precious metal gold has experienced a significant boost, rising by Rs. 1,300 per tola today when compared to the trading rate on Tuesday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold now holds a value of Rs. 1,13,200 per tola, while Tejabi gold is priced at Rs. 1,12,650. Just two days ago, fine gold was available at Rs. 1,11,900 per tola, and Tejabi gold was priced at Rs. 1,11,350 per tola.
In tandem with the surge in gold prices, the price of silver has also seen an increase today, with a rise of 35 rupees. The current price of silver stands at 1,410 rupees per tola, whereas it was at 1,375 rupees per tola on Tuesday.
On the global scale, the present gold rate in international markets is quoted at USD $1,938.00, and silver is trading at $23.11 per ounce. These fluctuations in the prices of these precious metals could be attributed to various economic and market factors.
Highlights:
- Gold Prices in Nepal Hit Record High, Reaching Rs. 1,56,300 per Tola
- NEPSE Index Surges by 2.23% Fueled by Hydropower Sector Growth
- NEPSE Drops 39.26 Points; RAWA Surges with Positive Circuit, MEL Hits Negative Circuit on Debut Trading Day.
- Nepalese Gold Market Soars to Record Highs, Fine Gold Reaches Unprecedented Rs. 119,300 per Tola
- Gold Surges to New All-Time High in Nepalese Market, Gaining Rs. 500 per Tola