Gold Prices Surge in Nepal Amid Market Fluctuations
The price of gold has increased in the Nepali market, according to the Federation of Nepal Gold and Silver Dealers. On Wednesday, gold prices rose by NPR 800 per tola to NPR 301,800. This is a significant increase from Monday, when gold was traded at NPR 301,000 per tola.
The price of silver has also increased, with a rise of NPR 65 per tola on Wednesday to NPR 4,685. On Monday, silver was sold for NPR 4,620 per tola. The Federation stated that the price of gold per 10 grams is now fixed at NPR 258,745.
The recent increase in gold prices may be attributed to market fluctuations and changes in demand. However, no specific reason has been given by the Federation for the sudden spike in prices.