Gold surges by Rs 6,900 in one day

KATHMANDU, APRIL 22

The price of gold has surged significantly in the domestic market. On Tuesday, the price of fine gold increased by Rs 6,900 per tola in a single day.

With this rise, fine gold is now being traded at Rs 197,900 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.

On Monday, the price of gold stood at Rs 191,000 per tola, after increasing by Rs 1,200 per tola from Sunday.

Silver prices have also gone up. The price rose by Rs 10 per tola and is now being traded at Rs 1,970 per tola. On Monday, silver was traded at Rs 1,960 per tola.