Gold price rises by Rs 700 per tola

Published On: April 15, 2024 11:50 AM NPT By: Republica  | @RepublicaNepal

KATHMANDU, April 15: After a slight dip in trading prices over the weekend, both gold and silver rebounded on Monday, continuing their recent upward trend. Gold prices surged by Rs 700 per tola in the domestic market on Monday.

Fine gold is being traded at Rs 137,500 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Associations. The price of fine gold was Rs 136,800 per tola on Sunday after a decrease of Rs 2,200 per tola compared to the price last Friday.

The price of standard gold is fixed at Rs 136,850 per tola on Monday.

The price of silver has risen by Rs 15 per tola. Silver price stands at Rs 1,715 per tola. It was sold at Rs 1,700 per tola yesterday.

Internationally, both gold and silver are trading higher compared to the previous day. Gold is currently priced at $2355.99 per ounce, up from $2344.53 per ounce on Sunday, marking a month-on-month increase of 8.38 percent or $181.08 per ounce.

Meanwhile, silver is trading at $28.21 per ounce, compared to Sunday's price of $27.94 per ounce, reflecting a month-on-month increase of 11.54 percent or $2.89 per ounce.

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