Gold Prices Surge to Rs. 328,600 per Tola While Silver Declines by Rs. 205

Gold prices in the domestic market witnessed another strong rise today, continuing their upward momentum following global uncertainty linked to ongoing Middle East tensions.

According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the price of fine gold increased by Rs. 2,500 per tola, reaching Rs. 328,600 per tola, up from Rs. 326,100 per tola recorded yesterday. The precious metal had already surged by Rs. 5,600 in the previous trading session, reflecting heightened investor demand for safe haven assets amid geopolitical conflict.

Similarly, Tejabi gold also recorded a notable gain of Rs. 2,500 per tola, climbing to Rs. 327,900 per tola, compared to Rs. 325,400 per tola a day earlier.

In contrast, the silver market moved in the opposite direction. Silver prices declined by Rs. 205 per tola, settling at Rs. 5,815 per tola, down from Rs. 6,020 per tola yesterday.

Market analysts attribute the continued rise in gold prices to global economic uncertainty and increased investor preference toward safer investment assets during periods of geopolitical instability.