Gold Price Risen by Rs. 600 per Tola in Nepalese Market: Silver up by Rs. 10

Wed, May 29, 2024 11:58 AM on Latest, Economy, National,

Today, the price of the highly sought-after yellow metal has surged by Rs. 600 per tola compared to yesterday's rates.

As per the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), fine gold is now priced at Rs. 1,38,200 per tola, a significant increase from yesterday's Rs. 1,37,600 per tola.

Similarly, Tejabi gold is now valued at Rs. 1,37,550 per tola, showing a rise of Rs. 600 from the previous day's rate of Rs. 1,36,950 per tola.

The peak price for fine gold was recorded on May 20, 2024, reaching Rs. 141,800 per tola.

Furthermore, the cost of silver has also witnessed a slight increase of Rs. 10 per tola, bringing the new price to Rs. 1,930 per tola, up from yesterday's Rs. 1,920 per tola.

While domestic markets continue their upward trend, international factors continue to play a significant role. Presently, the latest international gold rate is $2,354.50 per ounce, with silver priced at $32.02 per ounce in the global market.