Today, the price of gold, a coveted yellow metal, has seen a notable increase compared to yesterday’s trading value. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current rate for fine gold stands at Rs. 125,200 per tola, marking a surge of Rs. 700 from the previous day’s rate of Rs. 1,24,500 per tola. Similarly, Tejabi gold is priced at Rs. 124,600 per tola today, indicating a Rs. 700 rise from yesterday’s price of Rs. 1,23,900 per tola. Additionally, the price of silver has witnessed a slight increase of Rs. 5 per tola, with the current market value at Rs. 1,525 per tola, in contrast to yesterday’s closing rate of Rs. 1,520 per tola.
While domestic markets experience an upward trend in prices, it is crucial to note that the international market significantly influences these fluctuations. According to the latest update, the current gold rate in the international market stands at $2,159.50 per ounce. Similarly, silver is also showing positive momentum internationally, with prices reaching $25.06 per ounce. These international rates play a pivotal role in shaping the dynamics of the domestic market, affecting consumer behavior and investment decisions.