Gold Price Hits Record High in Nepali Market, Silver Also Rises

The price of gold in the Nepali market has reached an all-time high. Within the last 24 hours, the price surged by 3,900 rupees per tola, with gold trading at 185,000 rupees per tola on Friday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, gold was priced at 181,100 rupees per tola on Thursday. Today’s price is the highest ever recorded in the Nepali market, bringing excitement among investors in the precious metals sector.

Alongside gold, the price of silver has also increased slightly. Silver, which was priced at 1,900 rupees per tola on Thursday, has risen to 1,905 rupees per tola today.

Experts attribute the price hike to rising international market rates, fluctuations in the US dollar, and ongoing global economic uncertainty.