KATHMANDU: Gold and silver prices witnessed an increase in the domestic market today, according to the Federation of Nepal Gold and Silver Dealers’ Association.
The price of gold climbed by Rs 2,300 per tola to reach Rs 274,300. On Sunday, gold had fallen by Rs 8,300 per tola to Rs 272,000. Before that, its price had increased by Rs 5,000 over four consecutive days, following a steep decline of Rs 11,700 on October 25.
Similarly, silver prices rose by Rs 70 per tola to Rs 3,720 today. On Sunday, silver had dropped by Rs 175 per tola to Rs 3,650.
Gold recorded its all-time high in the Nepali market on January 29, 2024, when its price surged by Rs 20,500 to reach Rs 339,300 per tola. Silver also hit its record high of Rs 7,505 per tola on the same day.
Meanwhile, the biggest single-day drop in silver prices was recorded on February 1, 2024, when the price plunged by Rs 1,565 per tola.
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