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ECONOMY

Gold price reaches Rs 136,200 per tola

KATHMANDU, April 8: The prices of gold and silver that have been setting a record for price hikes, have witnessed rise again today. The price of gold has increased by Rs 600 per tola in the domestic market today.
By Republica

KATHMANDU, April 8: The prices of gold and silver that have been setting a record for price hikes, have witnessed rise again today. The price of gold has increased by Rs 600 per tola in the domestic market today.


Today, the price of fine gold stands at Rs 136,200 per tola, compared to Rs 135,600 per tola on Sunday.


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Similarly, the price of standard gold is Rs 135,550 per tola today, marking a rise from Rs 134,950 per tola the previous day.


The Federation of Nepal Gold and Silver Dealers’ Associations has stated that although the continuously rising prices fell slightly on Friday, the trading prices increased again on Sunday and Monday. In the current month alone, the price of gold has increased by Rs 10,400 per tola.


Furthermore, silver has also seen an increase to Rs 1,685 per tola, marking an increase of Rs 15 per tola compared to Sunday when it was sold at Rs 1,670 per tola.


In the international market, gold surged to $2,340.78 per ounce on Monday, compared to $2329.93 an ounce on Sunday. This translates to a $143.95 increase per ounce in just a month. Similarly, silver is trading higher at $27.77 an ounce, compared to $27.49 on Sunday.

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