KATHMANDU: Gold and silver prices in the domestic market have climbed to new historic highs, continuing their upward trend in line with record prices in the international market.
According to the Federation of Nepal Gold and Silver Dealers’ Associations, the price of gold has been fixed at Rs 276,500 per tola for Tuesday. This marks an increase of Rs 1,800 from the previous day, when gold was traded at Rs 274,700 per tola.
Silver has also become more expensive, rising by Rs 145 to reach Rs 5,340 per tola. On Monday, silver was traded at Rs 5,195 per tola.
Traders say the surge in prices in the Nepali market is driven by fresh records in global gold and silver prices, which have directly pushed up local rates.
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