KATHMANDU, JANUARY 14
Gold price in the domestic market continued its upward momentum on Wednesday, climbing by Rs 1,500 per tola to reach a new all-time high of Rs 278,000 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
The yellow metal was traded at Rs 276,500 per tola on Tuesday, indicating a steady surge over consecutive days.
Silver price also registered a sharp rise, jumping by a significant Rs 315 per tola in a single day. With the latest increase, silver is being traded at Rs 5,655 per tola, up from Rs 5,340 per tola on Tuesday, marking another historic high in the Nepali market.
The continuous surge has made precious metals increasingly expensive for consumers. Gold and silver hold deep religious, cultural and traditional significance in Nepali society, and the soaring prices have pushed them further out of reach for many households.
The persistent upward trend has also left consumers uncertain, with many weighing whether to wait for a possible price correction or make purchases now to avoid even higher costs in the coming days.
