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Gold Prices Drop in Nepal

The price of fine gold in Nepal has experienced a notable decrease, falling by Rs. 800 to now trade at Rs. 1,35,600 per tola, according to the latest figures from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The prior rate was Rs. 1,36,400 per tola.

Tejabi gold, similarly, has seen a price reduction of Rs. 800, with the current rate standing at Rs. 1,34,950 per tola, down from Rs. 1,34,150 per tola.

The highest recorded price of fine gold was on April 19th, 2024, when it reached a peak of Rs. 1,39,300 per tola.

On the other hand, silver prices have slightly increased by Rs. 10, moving up to Rs. 1,685 per tola from the previous day’s price of Rs. 1,675 per tola.

The changes in precious metal prices are aligned with trends seen in both local and international markets. Globally, gold is currently priced at $2,317.90 per ounce and silver at $27.56 per ounce, showing an increase in the latter’s value.


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