Gold Prices Soar to Historic Highs in Nepal

Gold prices in the Nepalese market have reached an unprecedented peak, experiencing a substantial one-day rise of Rs. 2,200.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of fine gold has climbed to Rs. 1,70,700 per tola, eclipsing the previous day’s rate of Rs. 1,68,500 per tola.

Tejabi gold also saw a notable increase, now valued at Rs. 1,70,000 per tola, up from Rs. 1,67,800 per tola the prior day.

This surge represents a significant milestone, following the record set on October 29, 2024, when fine gold reached Rs. 1,68,500 per tola.

Furthermore, silver prices have risen by Rs. 15 per tola, now standing at Rs. 2,120 per tola, compared to Rs. 2,105 per tola the previous day.