Gold Prices Surge by Rs. 700: Silver Follows Suit With Rs. 5 Increase

The cost of the valuable yellow metal has risen by Rs. 700 per tola today in comparison to yesterday's trading value.

As reported by the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the present rate for fine gold stands at Rs. 125,200 per tola, marking a Rs. 700 surge from yesterday's trading rate of Rs. 1,24,500 per tola.

Similarly, Tejabi gold is available today at Rs. 124,600 per tola, indicating a Rs. 700 increase from yesterday's price of Rs. 1,23,900 per tola.

Furthermore, silver has seen a rise of Rs. 5 per tola, with the current market value at Rs. 1,525 per tola, compared to yesterday's closing rate of Rs. 1,520 per tola.

While the domestic market experiences an upward trend in prices, the international market holds considerable sway. As per the latest update, the current gold rate is at $2,159.50 per ounce. Internationally, silver is also exhibiting positive momentum, with prices reaching $25.06 per ounce.