Gold prices surge by Rs 500 per tola, silver also sees increase
Published: 11:37 am Feb 25, 2024
KATHMANDU, FEBRUARY 25
The domestic gold market saw a notable surge as prices climbing by Rs 500 per tola, on Sunday.
This rise comes after a period of relative stability, accompanied by minor fluctuations in the gold market during the previous week.
According to the Federation of Nepal Gold and Silver Dealers' Association (FeNeGoSiDA), the price of fine gold stands at Rs 118,500 per tola today, a notable increase from Friday's rate of Rs 118,000 per tola.
Similarly, Tejabi gold is now trading at Rs 117,950 per tola, up from Rs 117,450 per tola on Friday.
Meanwhile, silver also experienced a modest rise, increasing by Rs 5 per tola. It is currently being traded at Rs 1,400 per tola, compared to Friday's rate of Rs 1,395 per tola.