Gold Slips Rs. 1,100 From All Time High to Trade at Rs 138,200 Per Tola Today; Silver Down By Rs. 35

The price of fine gold has declined by Rs. 1,000 per tola.

According to the latest report from the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), pure gold is now trading at Rs. 1,38,200 per tola, marking a decrease of Rs. 1,100 compared to the previous closing rate of Rs. 1,39,300 per tola.

Similarly, Tejabi gold is currently valued at Rs. 1,37,550 per tola, reflecting a Rs. 1,100 decrease from its previous day's closing price of Rs. 1,38,650 per tola.

The surge reached its peak on April 19th, 2024, with fine gold reaching an all-time high of Rs. 1,39,300 per tola.

Furthermore, the price of silver has experienced a Rs. 35 decrease per tola, with the current market rate standing at Rs. 1,705 per tola, compared to yesterday's closing rate of Rs. 1,740 per tola.

Both domestic and international markets have observed a downturn in prices. The latest update reveals the global gold rate at $2,366.80 per ounce, while silver exhibits negative momentum internationally, with prices reaching $27.88 per ounce.