Price of Gold Spikes Up By Rs. 300 in Nepalese Market; Trading Today at Rs. 1,37,200

The price of the highly coveted yellow metal has increased by Rs. 300 per tola today compared to yesterday's rates.

According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the current price for fine gold is Rs. 1,37,200 per tola, marking a notable rise from yesterday's Rs. 1,36,900 per tola.

Similarly, the price for Tejabi gold now stands at Rs. 1,36,550 per tola, reflecting an increase of Rs. 300 from the previous day's price of Rs. 1,36,250 per tola.

The highest price for fine gold was recorded on May 20, 2024, when it reached Rs. 141,800 per tola.

Additionally, the cost of silver has also seen an uptick of Rs. 25 per tola, setting the new price at Rs. 1,880 per tola, up from yesterday's Rs. 1,855 per tola.

While domestic markets continue their ascent, international dynamics remain influential. Currently, the latest international gold rate stands at $2,342.80 per ounce, with silver priced at $30.81 per ounce in the global market.