KATHMANDU, DECEMBER 10

The gold price in domestic market experienced a sharp rise on Tuesday, surging by Rs 2,100 per tola compared to the previous day.

According to the Federation of Nepal Gold and Silver Dealers' Association, fine gold is now being traded at Rs 152,200 per tola, up from Rs 150,100 on Monday.

Gold prices have been fluctuating around Rs 150,000 per tola in recent weeks, following a decline from Rs 167,200 per tola after a customs rate adjustment from 20% to 10%. The recent price increase marks a notable jump, as the market has only experienced minor fluctuations of a few hundred rupees in the past days.

In a similar trend, silver prices also saw a significant rise, increasing by Rs 60 per tola. Silver is currently priced at Rs 1,925 per tola, up from Rs 1,865 per tola on Monday.