Gold Prices Soar, Create History at Rs 119,300

In a startling turn of events, gold prices soared to an all-time high on Wednesday, reaching Rs 119,300 per tola (11.6 grams). This remarkable surge follows a consistent uptrend since Monday, with the precious metal setting new records in the market.

The Federation of Nepal Gold and Silver Dealers Associations has reported that the spike in the international gold market has reverberated in the domestic market, leading to this historic milestone. On Tuesday, just a day prior, gold was already being traded at a noteworthy Rs 117,700 per tola.