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Gold Prices Surge: Current Rates Hit New Highs, Silver Also Rises

Today, the price of gold, the beloved yellow metal, has surged by Rs. 1,400 per tola compared to yesterday’s value, reaching new highs in the market.

As per the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current rate for fine gold stands at Rs. 1,37,200 per tola, marking a significant increase of Rs. 1,400 from the previous day’s price of Rs. 1,35,800 per tola.

Similarly, Tejabi gold is priced at Rs. 1,36,550 per tola today, showing a rise of Rs. 1,400 from yesterday’s figure of Rs. 1,35,150 per tola.

The peak in prices was observed on April 19th, 2024, when fine gold reached an all-time high of Rs. 1,39,300 per tola.

In addition, silver has also experienced a modest uptick of Rs. 20 per tola, with its current price standing at Rs. 1,675 per tola, up from Rs. 1,655 per tola the day before.

While the domestic market witnesses an upward trend in prices, global market dynamics continue to play a significant role. Latest data reveals the international rate for gold at $2,333.70 per ounce and silver at $27.47 per ounce, both showing gains.


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