The price of gold, a highly valued precious metal, has witnessed a notable increase of Rs. 700 per tola compared to the trading price recorded on Wednesday. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reported today that fine gold is currently being traded at Rs. 1,15,700 per tola, marking a Rs. 700 uptick from Wednesday’s trading rate of Rs. 1,15,000 per tola.
In a similar fashion, Tejabi gold is available today at Rs. 1,15,150 per tola, demonstrating a price increase of Rs. 700 in comparison to yesterday’s rate, which stood at Rs. 1,14,450 per tola. It’s worth noting that just on October 29, 2023, gold prices reached historic levels, with fine gold commanding a remarkable price of Rs. 1,17,000 per tola, and Tejabi gold was trading at Rs. 1,16,450 per tola.
Furthermore, the price of silver has also seen an uptick, with an increase of Rs. 20 per tola. The current market rate for silver stands at Rs. 1,405 per tola, up from yesterday’s closing rate of Rs. 1,385 per tola.
On the international front, the current rate for gold stands at USD $1,985.30, while silver is being traded at $22.99 per ounce.
Highlights:
- Gold Surges to New All-Time High in Nepalese Market, Gaining Rs. 500 per Tola
- “Gold Plummets Rs. 1300 in Two Days; Now at Rs. 112,300 Per Tola”
- Gold sets a new all-time high, gaining Rs 2000 per tola in a single day to trade at Rs 111,000.
- Gold Prices Surge by Rs. 600 per Tola, Trading at Rs. 1,19,000
- Gold Prices Surge by Rs. 500 Per Tola in Nepal, Silver Also Sees Gains