Gold Prices Surge by Rs 300 per Tola

Gold prices in the Nepali market witnessed a significant upswing, soaring by Rs 300 per tola today. The Nepal Gold and Silver Dealers’ Association reported that the current price of fine gold has been set at Rs 119,500 per tola, while standard gold is trading at Rs 118,950 per tola.

Comparing the latest rates to Sunday’s prices, fine gold has seen a rise from Rs 119,200 to Rs 119,500 per tola, and standard gold increased from Rs 118,650 to Rs 118,950 per tola.

The Federation, responsible for regulating gold and silver prices in the domestic market, determines these daily rates by closely monitoring international market trends. As a result of this increase, the precious yellow metal is now at a new pinnacle in the Nepali market.

In addition to gold, the price of silver has also been affected, with the current rate fixed at Rs 1,420 per tola. Investors and consumers alike will be closely watching these market fluctuations as they navigate the implications for their financial portfolios and purchasing decisions.