Gold Price Remains Stable While Silver Rises

On Thursday, the price of gold remained stable, while silver saw an increase in the Nepali market. Compared to the previous day, there was no change in the price of gold, but silver rose by Rs. 15 per tola.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of fine gold is fixed at Rs. 236,300 per tola today — the same as on the previous trading day.

Meanwhile, silver prices increased to Rs. 2,980 per tola, up by Rs. 15 from Rs. 2,965 per tola the previous day.

Experts say the rise in silver prices, despite the stability in gold, is partly influenced by international market trends.
The U.S. Federal Reserve’s decision on Wednesday to cut the federal funds rate by 0.25 percentage points has begun to exert upward pressure on precious metals, including gold and silver.

Analysts suggest that with the interest rate cut, investor demand for safe-haven assets like gold and silver could rise further, potentially driving their prices higher in the coming days.