Global Pressure Pulls Down Gold & Silver Prices in Nepal

Uncertainty in the global bullion market has once again pushed Nepal’s gold and silver rates downward. Compared to Thursday, both precious metals recorded a price drop, as reported by the Federation of Nepal Gold and Silver Dealers’ Association.

Gold slipped by Rs 1,300 per tola, bringing its revised market rate to Rs 241,700. Silver followed the same trend, declining by Rs 85 per tola to settle at Rs 3,100.

Analysts note that the dip is largely influenced by movements in the international market, where gold is currently trading at around USD 4,062 per ounce.