PressAdda
Kathmandu – On Monday, the price of gold in the Nepali market reached a new record high. According to the Federation of Nepal Gold and Silver Dealers, hallmark gold is being traded at Rs. 240,400 per tola. This is Rs. 4,400 higher than Sunday’s rate, which was Rs. 238,000 per tola.
As gold prices continue to rise, market activity has increased, but consumers are feeling the impact. Traders attribute the price surge to factors such as the strengthening of the US dollar in the international market, rising oil prices, and tensions in the Middle East.
Similarly, the price of silver also climbed to a record high today. On Sunday, silver was traded at Rs. 3,125 per tola, which rose to Rs. 3,220 per tola on Monday, according to the Federation.
As of Monday:
- Gold per 10 grams is priced at Rs. 206,105
- Silver per 10 grams is priced at Rs. 2,760.50
