The price of gold in the domestic market has reached an all-time high today, following a recent surge in the international market. The Federation of Nepal Gold and Silver Dealers Association has reported that the price of hallmark gold has been set at Rs 150,800 per tola (11.66 grams), marking a significant increase from Monday’s price of Rs 148,700 per tola.
The rise in gold prices is attributed to fluctuations in the international market, which have driven up demand and value. This latest increase marks a new record high for gold in the domestic market, reflecting global economic trends.
Despite the surge in gold prices, the price of silver has remained stable. The Federation reported that silver is being traded at Rs 1,740 per tola, unchanged from the previous day.
The sharp increase in gold prices has garnered attention from investors and consumers alike, as many are closely monitoring the market for further developments.
13th Aug 2024
Comments