Gold Price Rises by Rs. 2300 Per Tola; Silver by Rs. 70

Gold prices have witnessed a moderate gain in the domestic market today, rises by Rs. 2300 per tola to settle at Rs.274,300 per tola, up from the previous rate of Rs. 272,000 per tola.

Yesterday Gold price in the international market have dropped sharply as well to about $3,875 per ounce, down $145 from the previous close, reflecting a significant fall of 3.61% in a day in global markets. However today it gains $20 from the previous close currently trading at $3906. 

The Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA) reported that Tejabi gold price also rises by Rs.2300 per tola in local market to reach Rs. 273,600 per tola, compared to Rs. 271,300 per tola on the previous day.

Similarly, Silver prices moved in same direction; the price rises by Rs. 70, now trading at Rs.3,720 per tola, up from the previous rate of Rs. 3,650 per tola.