Price of Gold Fallen By Rs. 800 Trade at Rs 135,600 Per Tola Today; Silver Up By Rs. 10

Thu, May 9, 2024 11:06 AM on Latest, Economy, National,

The cost of fine gold has decreased by Rs. 800 per tola.

As per the latest data from the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the current trading price for pure gold stands at Rs. 1,35,600 per tola, which shows a decline of Rs. 800 from the previous rate of Rs. 1,36,400 per tola.

Likewise, Tejabi gold is now priced at Rs. 1,34,950 per tola, down by Rs. 800 from its last closing price of Rs. 1,34,150 per tola.

The price of fine gold had previously peaked on April 19th, 2024, reaching a record high of Rs. 1,39,300 per tola.

In addition, the price of silver has risen by Rs. 10 per tola, updating the current price to Rs. 1,685 per tola, from Rs. 1,675 per tola the previous day.

Both local and global markets have seen a reduction in precious metal prices. The most recent figures show the global gold rate at $2,317.90 per ounce, while internationally, silver prices are showing an upward trend, currently priced at $27.56 per ounce.