Gold Price Risen by Rs. 500 per Tola in Nepalese Market: Silver Down by Rs. 10

The price of the highly sought-after yellow metal has risen by Rs. 500 per tola today compared to Friday's rates.

According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the current value of fine gold stands at Rs. 1,38,400 per tola, reflecting a Rs. 500 increase from Friday's price of Rs. 1,37,900 per tola.

Similarly, Tejabi gold is now priced at Rs. 1,37,750 per tola, marking a Rs. 500 hike from Friday's rate of Rs. 1,37,250 per tola.

The peak price was observed on April 19th, 2024, when fine gold reached a record high of Rs. 1,39,300 per tola.

Conversely, the price of silver has experienced a slight decline of Rs. 10 per tola, with the current market rate at Rs. 1,725 per tola, down from Friday's figure of Rs. 1,735 per tola.

While domestic market prices continue their upward trend, global dynamics remain influential. The latest international figures indicate gold trading at $2,359.70 per ounce, while the global silver price has decreased to $28.13 per ounce.