Nepal's Gold Market Reaches New Heights with Rs. 300 Surge

Tue, Oct 22, 2024 11:22 AM on Economy, National, Latest,

Gold prices have reached a historic high in the Nepalese market, driven by a significant one-day increase of Rs. 300.

According to the Federation of Nepal Gold and Silver Dealers' Association, fine gold is currently trading at Rs. 1,65,900 per tola, exceeding yesterday's rate of Rs. 1,65,600 per tola.

Tejabi gold also experienced an uptick, rising to Rs. 1,65,200 per tola from the previous day's Rs. 1,64,900 per tola.

This increase marks a noteworthy milestone, following the record set on October 21, 2024, when fine gold reached Rs. 1,65,600 per tola.

Meanwhile, silver prices have gone up by Rs. 5 per tola, now priced at Rs. 2,100 per tola, compared to Rs. 2,095 per tola the day before.