KATHMANDU: Gold prices in the local market surged sharply on Wednesday, rising by Rs 10,400 per tola compared to Tuesday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of gold has been fixed at Rs 295,100 per tola, while silver is being traded at Rs 5,920 per tola.
On Tuesday, hallmark gold was priced at Rs 284,700 per tola, while silver stood at Rs 5,880 per tola.
Earlier, on Sunday, gold was traded at Rs 278,800 per tola and silver at Rs 5,625. On Monday, the price of gold rose to Rs 282,000 per tola, while silver was traded at Rs 5,810.
According to international media reports, gold is being traded at USD 4,740 per ounce in the international market, while silver is priced at USD 95 per ounce.
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