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Gold and Silver Prices Rise in Nepali Market; Gold Up by Rs 5,600 per Tola

Gold and silver prices increased in Nepal on Friday, with gold rising by Rs 5,600 per tola and silver also seeing a notable gain, according to market data.

Nepalytix
5 min read
Gold and Silver Prices Rise in Nepali Market; Gold Up by Rs 5,600 per Tola

The price of gold and silver has increased in the Nepali market on Friday, reversing the previous day’s decline.

According to the latest market update, gold has increased by Rs 5,600 per tola, while silver has also gone up by Rs 175 per tola.

The Federation of Nepal Gold and Silver Dealers' Association reported that gold is currently being traded at Rs 2,90,600 per tola in the domestic market. On Thursday, gold had dropped by Rs 5,500 per tola, reflecting high short-term volatility in precious metals.

Similarly, silver is being traded at Rs 5,040 per tola today, compared to Rs 4,865 per tola on Thursday.

Market experts suggest that fluctuations in international bullion prices and currency movements continue to influence domestic gold and silver rates in Nepal.

Nepalytix

Financial News Reporter