Gold Price Risen by Rs. 2,000 per Tola in Nepalese Market: Silver up by Rs. 15

Thu, May 2, 2024 10:48 AM on Latest, Economy, National,

The price of the highly coveted yellow metal has increased by Rs. 2,000 per tola today compared to yesterday's figures.

According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the current price for fine gold stands at Rs. 1,36,500 per tola, reflecting a Rs. 2,000 hike from yesterday's rate of Rs. 1,34,500 per tola.

Similarly, Tejabi gold now costs Rs. 1,35,850 per tola, showing a rise of Rs. 2,000 from the previous day's figure of Rs. 1,33,850 per tola.

The highest recorded price was on April 19th, 2024, when fine gold reached an unprecedented Rs. 1,39,300 per tola.

In addition, the price of silver has seen a slight increase of Rs. 15 per tola, setting the new price at Rs. 1,645 per tola, compared to Rs. 1,630 per tola just yesterday.

As domestic markets experience an uptrend, international influences continue to play a crucial role. The latest international gold rate stands at $2,317.10 per ounce, and silver is now priced at $26.53 per ounce on the global market.