Gold Prices Surge in Domestic Markets: Silver Also Witnesses Rise

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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 Dealersโ€™ 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 yesterdayโ€™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 yesterdayโ€™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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