Fine gold prices fall in Nepal, reaching Rs. 149,600 per tola, while silver sees a slight rise, reflecting trends in the global market.
In a recent market update, the price of fine gold has seen a notable drop, falling by Rs. 900 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold now stands at Rs. 149,600 per tola, down from the previous rate of Rs. 150,500 per tola.
Similarly, tejabi gold has also experienced a price decrease. It is now priced at Rs. 148,900 per tola, a Rs. 900 decline compared to yesterday’s price of Rs. 149,800 per tola.
This price dip follows a record high on August 13, 2024, when fine gold reached Rs. 150,800 per tola. The drop in gold prices is being reflected in both domestic and international markets. Currently, gold is trading at $2,454.00 per ounce globally.
On the other hand, silver prices have seen a slight rise. The price of silver increased by Rs. 20 per tola, now at Rs. 1,760 per tola, compared to Rs. 1,740 per tola the previous day. In the global market, silver is trading at $28.10 per ounce.
This shift in prices is catching the attention of investors, traders, and jewelers alike, who are keeping a close eye on the market’s ongoing fluctuations.