Gold prices surge again in domestic market, silver sees minor dip
Published: 12:15 pm Mar 06, 2024
KATHMANDU, MARCH 6
The gold price continued its upward trajectory in the domestic market, witnessing another surge on Wednesday, with a gain of Rs 500 per tola.
This surge follows a notable increase of Rs 4000 per tola over the course of just three days this week, with increments of Rs 2000 per tola on both Sunday and Tuesday. Wednesday maintained the momentum, adding to the bullish trend.
The Federation of Nepal Gold and Silver Dealers' Association reported fine gold trading at Rs 123,500 per tola today, marking an increase from yesterday's rate of Rs 123,000 per tola.
Similarly, tejabi gold is being traded at Rs 122,900 per tola today, contrasting with Tuesday's rate of Rs 122,400 per tola.
Conversely, the silver market saw a slight decline of Rs 5 per tola, with silver being traded at Rs 1,440 per tola compared to yesterday's Rs 1,445 per tola.