Gold Prices Surge in Domestic Markets: Silver Also Witnesses Rise


Today, the price of gold has experienced a remarkable surge in domestic markets, with fine gold and Tejabi gold witnessing a substantial rise compared to previous rates.

As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current price for fine gold has reached Rs. 1,38,400 per tola, marking a notable increase of Rs. 1,000 from yesterday’s rates. Similarly, Tejabi gold is now priced at Rs. 1,37,750 per tola, reflecting a rise of Rs. 1,000 from the previous day.

April 19th, 2024, saw the peak price of fine gold, reaching an all-time high of Rs. 1,39,300 per tola.

Additionally, the cost of silver has also seen an uptick, with the new price set at Rs. 1,745 per tola, up from yesterday’s Rs. 1,740 per tola, witnessing a rise of Rs. 5.

While domestic markets continue to soar, international dynamics remain influential in determining market trends. Currently, the latest international gold rate stands at $2,356.90 per ounce, with silver priced at $28.52 per ounce in the global market.

 

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