Gold Price Surges by Rs 300 per Tola

In a notable development today, the price of gold in the Nepali market witnessed a significant increase of Rs 300 per tola. The Nepal Gold and Silver Dealers’ Association has set the new price for fine gold at Rs 116,500 per tola, while standard gold is now traded at Rs 115,950 per tola.

This surge comes on the heels of Tuesday’s rates, where fine gold was valued at Rs. 116,200 per tola, and standard gold at Rs. 115,650 per tola. The market shift reflects dynamic changes in the precious metal’s value.

In addition, the current price of silver stands at Rs 1,455 per tola. The Federation determines these daily prices for gold and silver in the domestic market based on international market rates.

Investors and consumers alike are advised to stay updated on these market fluctuations as they navigate the evolving landscape of precious metal prices.