Gold Price Surges by Rs 6,400 in Nepal

The prices of gold and silver have increased in Nepal's domestic market on August 11. According to the Federation of Nepal Gold and Silver Dealers' Association, the price of hallmark gold has risen by Rs 6,400 per tola (11.66 grammes) compared to Monday.

The new price of hallmark gold is Rs 307,900 per tola, while silver's price has gone up by Rs 110 to Rs 4,780 per tola. The Federation reported that on Monday, the price of hallmark gold was Rs 301,500, and the same amount of silver was priced at Rs 4,670.

No further details or comments were provided by the source regarding the cause of the price increase or its potential impact on the market.