Gold Price Soars Rs 3,600 Per Tola in Nepalese Market

The price of gold in Nepal has seen a significant increase, rising by Rs 3,600 per tola on Sunday. According to the Federation of Nepal Gold and Silver Dealers' Association, fine gold is now being traded at Rs 305,200 per tola, up from Rs 301,600 on Friday.

The price hike comes after previous increases, with gold jumping by Rs 4,800 per tola in a recent report and another rise of Rs 5,400 per tola earlier. Meanwhile, the price of silver also increased by Rs 50 per tola to Rs 4,710 compared to Rs 4,660 on Friday.

The association's figures suggest that gold prices are continuing to fluctuate in the domestic market, with no clear indication of a trend or target price. As with any volatile asset, investors and traders should remain cautious and keep a close eye on market developments.