Gold Price Rises by Rs. 1,200 Per Tola, Reaches Rs. 293,200
Gold prices in Nepal posted a moderate gain today, with hallmark gold increasing by Rs. 1,200 per tola to Rs. 293,200. Silver prices also moved higher, rising by Rs. 55 per tola.
Gold prices in the domestic market registered a moderate increase today, with hallmark gold rising by Rs. 1,200 per tola to reach Rs. 293,200, according to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA).
The previous trading day's rate for hallmark gold stood at Rs. 292,000 per tola. Today's increase reflects a continued movement in precious metal prices amid fluctuations in the global market.
Tejabi gold also recorded a similar gain, climbing by Rs. 1,200 per tola to Rs. 292,500. On the previous day, Tejabi gold was traded at Rs. 291,300 per tola.
Silver prices followed the same upward trend. The price of silver increased by Rs. 55 per tola, reaching Rs. 4,895 per tola, compared to Rs. 4,840 per tola in the previous session.
Market analysts attribute the price adjustments to movements in international precious metal markets, which continue to influence domestic gold and silver rates in Nepal.