Gold Slips Rs. 600 From All Time High to Trade at Rs 138,600 Per Tola Today; Silver Up By Rs. 10

The price of fine gold has declined by Rs. 600 per tola after a period of consecutive increases.

According to the latest report from the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), pure gold is now trading at Rs. 1,38,600 per tola, marking a decrease of Rs. 600 compared to the previous closing rate of Rs. 1,39,200 per tola.

Similarly, Tejabi gold is currently valued at Rs. 1,37,950 per tola, reflecting a Rs. 600 decrease from its previous day's closing price of Rs. 1,38,550 per tola.

The surge reached its peak on April 16th, 2024, with fine gold reaching an all-time high of Rs. 1,39,200 per tola, alongside silver achieving a record high of Rs. 1,750.

In contrast, silver has risen by Rs. 10 per tola, with the current market value at Rs. 1,725 per tola, compared to yesterday's closing rate of Rs. 1,715 per tola.

Both domestic and international markets have witnessed a decline in prices. The latest update reveals the global gold rate at $2,375.80 per ounce, while silver is experiencing positive momentum on the international front, with prices reaching $28.40 per ounce.