Gold Prices Surge by Rs. 800: Silver Follows Suit With Rs. 50 Increase

The cost of the valuable yellow metal has risen by Rs. 800 per tola today in comparison to Wednesday's trading value.

As reported by the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the present rate for fine gold stands at Rs. 1,25,800 per tola, marking a Rs. 2,000 surge from Wednesday's trading rate of Rs. 1,25,000 per tola.

On March 10, 2024, fine gold reached an unprecedented peak at Rs. 1,26,000 per tola, marking a historic milestone.

Similarly, Tejabi gold is available today at Rs. 125,200 per tola, indicating a Rs. 800 increase from Wednesday's price of Rs. 1,24,400 per tola.

Furthermore, silver has seen a rise of Rs. 50 per tola, with the current market value at Rs. 1,515 per tola, compared to Wednesday's closing rate of Rs. 1,485 per tola.

While the domestic market experiences an upward trend in prices, the international market holds considerable sway. As per the latest update, the current gold rate is at $2,168.90 per ounce. Internationally, silver is also exhibiting positive momentum, with prices reaching $24.88 per ounce.