Gold Slips Rs. 2,200 From All Time High to Trade at Rs 136,800 Per Tola Today; Silver Down By Rs. 50

The price of fine gold has dipped by Rs. 2,200 per tola following a period of continuous ascent.

As per the latest report from the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), pure gold is now trading at Rs. 1,36,800 per tola, marking a decrease of Rs. 2,200 compared to the previous closing rate of Rs. 1,39,000 per tola.

Similarly, Tejabi gold is currently valued at Rs. 1,36,150 per tola, reflecting a Rs. 2,200 decline from its previous day's closing price of Rs. 1,38,350 per tola.

April 12th, 2024, witnessed a historic peak for fine gold, reaching an all-time high of Rs. 1,39,000 per tola, alongside silver, which also achieved a record high of Rs. 1,750.

Furthermore, the price of silver has experienced a Rs. 50 decrease per tola, with the current market rate standing at Rs. 1,700 per tola, compared to yesterday's closing rate of Rs. 1,750 per tola.

Both domestic and international markets have observed a downturn in prices. The latest update reveals the global gold rate at $2,342.90 per ounce, while silver exhibits negative momentum internationally, with prices reaching $27.84 per ounce.