Gold Prices Dip While Silver Edges Up in Nepal
Gold prices fell by NPR 700 per tola, while silver gained NPR 45 per tola in Nepal’s market on Wednesday, Kartik 12.
On Kartik 12, 2082, Nepal’s bullion market witnessed a decline in gold prices and a moderate uptick in silver. Gold fell by NPR 700 per tola, trading at NPR 236,300 per tola, down from NPR 237,000 per tola on Tuesday.
In contrast, silver advanced by NPR 45 per tola, reaching NPR 2,965 per tola, compared with NPR 2,920 per tola the previous day, according to the Nepal Gold and Silver Merchants’ Association.
Market analysts attribute the gold price drop to modest selling pressure, while silver demand remains steady, supporting the slight price increase. Traders are closely watching global metal trends and local demand ahead of the festive season.