KATHMANDU, March 5: The international market has seen a rise in gold and silver prices. After two days of decline, gold reached $5,169.72 per ounce, while silver increased to $84.71 per ounce.
On Wednesday, gold was traded at $5,143.73 per ounce and silver at $84.01 per ounce. According to international media reports, escalating tensions in the ongoing conflict involving the United States, Israel, and Iran have drawn investors back to gold, driving prices upward.
Gold and silver prices remain steady
In Nepal, Thursday is a public holiday due to the House of Representatives election. With transportation and markets closed, trading institutions have not set the domestic gold and silver prices.
On Wednesday, gold fell by Rs 11,000 per tola, trading at Rs 317,600 per tola, while silver was priced at Rs 5,540 per tola.
