Gold Gained Rs. 2,500 in Two Days; Trading Today at Rs. 144,700 Per Tola

Fri, Jun 21, 2024 10:51 AM on Latest, Economy, National,

The price of the highly coveted yellow metal has increased by Rs. 1,900 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 is Rs. 1,44,700 per tola, marking a notable rise from yesterday's Rs. 1,42,800 per tola.

Similarly, Tejabi gold prices have surged to Rs. 1,44,000 per tola, reflecting an increase of Rs. 1,900 from yesterday's price of Rs. 1,42,100 per tola.

On June 7, 2024, the peak price for fine gold reached Rs. 1,45,000 per tola, highlighting the volatility in the precious metals market.

Meanwhile, the cost of silver has also seen an uptick of Rs. 25 per tola, with the new price now set at Rs. 1,865 per tola, up from yesterday's Rs. 1,840 per tola.

While domestic markets continue their upward trend, global economic factors continue to exert influence. Currently, the latest international gold rate stands at $2,362.80 per ounce, with silver priced at $30.55 per ounce in the global market.