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Gold Prices Surge by Rs. 2,000, Silver Sees Modest Increase

The price of the highly sought-after yellow metal has surged by Rs. 2,000 per tola today compared to yesterday’s rates, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The current price for fine gold stands at Rs. 1,36,500 per tola, marking a substantial increase from yesterday’s rate of Rs. 1,34,500 per tola.

Similarly, Tejabi gold now costs Rs. 1,35,850 per tola, reflecting a Rs. 2,000 hike from the previous day’s figure of Rs. 1,33,850 per tola.

The highest recorded price for fine gold was observed on April 19th, 2024, when it reached an unprecedented Rs. 1,39,300 per tola.

In addition to gold, the price of silver has also seen a modest increase of Rs. 15 per tola, setting the new price at Rs. 1,645 per tola, compared to Rs. 1,630 per tola just yesterday.

While domestic markets are experiencing an uptrend in precious metal prices, international influences continue to play a crucial role. The latest international gold rate stands at $2,317.10 per ounce, with silver priced at $26.53 per ounce on the global market.

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