KATHMANDU, APRIL 12
The price of gold surged by Rs 2,400 per tola in the domestic market on Friday, reaching unprecedented levels, a trend closely mirrored in the silver market.
According to the Federation of Nepal Gold and Silver Dealers' Association, fine gold is currently being traded at Rs 139,000 per tola, marking a substantial increase from Thursday's rate of Rs 136,600 per tola.
While the price of gold has been surging rapidly, it did encounter a slight setback with a Rs 200 per tola decline on Thursday. Nonetheless, the yellow metal made a remarkable recovery today, soaring to reach new heights.
Tejabi gold is also on the rise, being traded at Rs 138,350 per tola, up from its previous rate of Rs 135,950 per tola.
In sync with the movement in the gold market, silver prices have also been ascending. Today, silver experienced a rise of Rs 50 per tola, trading at Rs 1,750 per tola, compared to its previous rate of Rs 1,700 per tola.
