Precious Yellow Metal Surges by Rs. 1,300 per Tola in a Single Day

Wed, Oct 18, 2023 11:25 AM on Latest, Economy, National,

The price of the precious yellow metal has surged by Rs. 1,300 per tola today compared to Tuesday's trading rate.

According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA) today, fine gold maintains a value of Rs.1,13,200 per tola today, while Tejabi gold is priced at Rs. 1,12,650.

In contrast, on Tuesday, fine gold was priced at Rs. 1 lakh Eleven thousand Nine Hundred per tola, and Tejabi gold was at 1 lakh Eleven thousand Three Hundred and Fifty rupees per tola.

Similarly, the price of silver has also increased today, with a gain of 35 rupees. The current price of silver is 1,410 rupees per tola, whereas on Tuesday, it was 1,375 rupees per tola.

In the global market, the current gold rate is USD $1,938.00, while silver is trading at $23.11 per ounce.