Price of Gold Declined by Rs.300 Per Tola in Nepalese Market Today; Silver Down by Rs. 10 Per Tola

Mon, May 13, 2024 11:04 AM on Latest, Economy, National,

The cost of gold has decreased by Rs. 300 per tola.

According to the recent report from the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), Fine gold is presently trading at Rs. 138,100 per tola, Rs. 300 down from the previous closing rate of Rs. 138,400 per tola.

Similarly, Tejabi gold now stands at Rs. 137,450 per tola, reflecting a Rs. 300 decline from its previous day's closing price of Rs. 137,750 per tola.

The peak surge occurred on April 19th, 2024, when fine gold reached an all-time high of Rs. 139,300 per tola.

Furthermore, the price of silver has dropped by Rs. 10 per tola, with the current market rate at Rs. 1,715 per tola compared to yesterday's closing rate of Rs. 1,725 per tola.

Both domestic and international markets have witnessed a decline in prices. The latest update reveals the global gold rate at $2,353.90 per ounce, while silver exhibits negative momentum internationally, with prices reaching $28.01 per ounce.