KATHMANDU, April 10: The prices of gold and silver have continued to soar. The price of gold has increased by Rs 500 per tola in the domestic market on Wednesday.
The price of fine gold is set at Rs 136,800 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Associations. Fine gold was traded at Rs 136,300 per tola on the previous day.
Gold price reaches all-time high of Rs 156,800 per tola
Standard gold is being traded at Rs 136,150 per tola today.
In the current month alone, gold prices soared by Rs 11,000 per tola.
Similarly, silver has also witnessed a hike in its price. From trading at Rs 1,685 per tola on Monday and Tuesday, the price surged by Rs 15 on Wednesday, reaching Rs 1,700 per tola.
In the international market, gold, which traded at $2,343.41 per ounce on Tuesday, rose to $2,358.99 per ounce on Wednesday. Silver, on the other hand, stood at $28.27 per ounce on Wednesday, compared to $27.77 on Monday and Tuesday.
Over the span of a month, gold prices have increased by 9.17 percent or $197.85 per ounce, while silver prices have surged by $4.03 per ounce.
