The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) has reported a recent decrease in the cost of fine gold and silver. According to the latest update, the trading price for fine gold is now Rs. 1,18,000 per tola, marking a reduction of Rs. 500 from the closing rate on Monday, which was Rs. 1,18,500 per tola.
Similarly, Tejabi gold is currently priced at Rs. 1,17,450 per tola, indicating a decrease of Rs. 500 compared to Monday’s closing price of Rs. 1,17,950 per tola. This decline in prices suggests a notable shift in the precious metal market within a short timeframe.
Furthermore, the price of silver has also seen a reduction of Rs. 15 per tola, with the current market rate standing at Rs. 1,375 per tola. This contrasts with the closing rate on Monday, which was Rs. 1,390 per tola. The adjustments in both gold and silver prices highlight the dynamic nature of the market, influenced by various factors impacting precious metal valuations.
Disclaimer
The information provided in this article is for general informational and educational purposes only. It should not be interpreted as financial, investment, trading, or professional advice. Market data, company announcements, ratings, and analysis may contain errors, may change without notice, and should always be verified directly from official filings, regulatory disclosures, and company press releases.
Investing in the share market, IPOs, FPOs, mutual funds, insurance products, or any financial instruments carries inherent risks. Past performance does not guarantee future results. Readers are strongly encouraged to consult a licensed financial advisor, investment professional, or legal expert before making any investment decisions. This website and its authors are not responsible for any financial losses, decisions, or actions taken based on the information provided.
