Gold Price Rises by Rs 800 Per Tola in Nepal, Silver Falls by Rs 55
Gold prices increased by Rs 800 per tola in the Nepali market on Friday, while silver prices declined by Rs 55 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
Gold prices moved higher in Nepal on Friday, the sixth trading day of the week, while silver prices registered a slight decline.
According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the price of fine gold increased by Rs 800 per tola, reaching Rs 279,100 per tola. On the previous trading day, fine gold was traded at Rs 278,300 per tola.
Meanwhile, silver prices dropped by Rs 55 per tola, bringing the market price down to Rs 4,180 per tola, compared to Rs 4,235 per tola on Thursday.
The association also fixed the price of 10 grams of fine gold at Rs 239,285, while 10 grams of silver was priced at Rs 3,583.50.
Gold and silver prices in Nepal fluctuate regularly based on international precious metal markets, exchange rate movements, and global economic conditions. Domestic prices are updated daily by the Federation of Nepal Gold and Silver Dealers' Association.