Gold price in Nepal hit all time high; reaches Rs 91700 per tola today

Wed, Jul 1, 2020 11:32 AM on Latest, National,

Gold prices hit an all-time high in the Nepalese market today. The price of gold which was decreased by Rs.100/ tola yesterday again rises by Rs 500/ tola today. As of today, fine gold was traded at Rs.91700/ tola while tejabi gold was traded at Rs.91265 / tola, as per the Federation of Nepal Gold and Silver Dealer Association.

Due to the increase in gold prices in the international markets, there is a continuous rise in the Nepalese market as well. As of today, gold was traded at $1802.10/ounce in the international markets. Gold price traded at 8 years high in the international market.

Gold is getting a boost as investors start to question the health of the global economic recovery as the COVID-19 pandemic continues to spread.

The value of silver increased by Rs.15/ tola and stood at Rs.960/ tola today. Silver was traded at Rs.945/ tola yesterday.