Gold Sees Mild Decline as Silver Climbs to a New Record High
Gold slipped by Rs. 200 per tola on Sunday, while silver climbed by Rs. 50 to reach a new all-time high in the Nepali bullion market.
Nepal’s bullion market opened the week with mixed movement, as gold prices eased slightly while silver surged to a fresh record. According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of fine gold declined by Rs. 200 per tola on Sunday, settling at Rs. 252,200. Gold had traded at Rs. 252,400 per tola on Friday.
Silver, however, continued its upward trajectory, gaining Rs. 50 per tola to reach Rs. 3,605 — the highest price recorded to date. This marks another milestone in silver’s recent rally, driven by strong domestic buying interest and supportive global market trends. On Friday, silver was priced at Rs. 3,555 per tola.
Analysts note that silver’s ongoing momentum reflects broader expectations of rising industrial demand, while gold remains sensitive to global currency movements and interest-rate outlooks. Nepal’s bullion market has seen heightened volatility in recent weeks, closely tracking international price fluctuations.