Fine Gold Price Risen by Rs. 700 per Tola in Nepalese Market: Silver Down by Rs. 10

The price of the highly coveted yellow metal has increased by Rs. 700 per tola today compared to the previous day.

According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the current rate for fine gold is Rs. 1,48,800 per tola, marking a notable rise from the previous day's rate of Rs. 1,48,100 per tola.

Tejabi gold prices have also risen to Rs. 1,48,100 per tola, up by Rs. 700 from the previous day's rate of Rs. 1,47,400 per tola.

On August 5, 2024, fine gold reached a peak of Rs. 1,50,000 per tola, illustrating the market's volatility.

In contrast, the price of silver has seen a slight decline of Rs. 10 per tola, with the current market rate at Rs. 1,720 per tola, down from yesterday's figure of Rs. 1,730 per tola.

While domestic market prices continue their upward trajectory, global dynamics remain influential, with the latest international figures indicating gold trading at $2,430.70 per ounce, while the global silver price has decreased to $27.44 per ounce.