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Commodities

Nepal Gold Price Surges Rs 4,200 Per Tola Amid Market Shifts

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The gold price in Nepal's domestic market experienced a significant surge on Wednesday. According to the Federation of Nepal Gold and Silver Dealers' Association, fine gold rose by Rs 4,200 per tola, reaching a new high of Rs 288,000 per tola. This represents a substantial increase from its previous value of Rs 283,800 per tola on Tuesday.

The price of silver also saw an uptick, with a gain of Rs 95 per tola. It now stands at Rs 4,475 per tola, up from Rs 4,380 the day before. The association attributed these changes to market dynamics.

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