Gold prices in the Nepalese market are soaring, reaching near an all-time high. According to the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is now being traded at Rs. 113,500 per tola, experiencing an astonishing rise of Rs. 800 in just one day from yesterday’s rate. This surge follows a significant increase of Rs. 500 per tola on Wednesday.
Today, the price of gold has dropped by Rs. 800 per tola in the domestic market in Nepal. Fine gold is now being traded at Rs. 111,000 per tola, down from Rs. 111,800 yesterday. Tejabi gold is priced at Rs. 110,450 today, compared to Rs. 111,250 yesterday.
In addition, silver has also decreased in price by Rs. 25 per tola. It is now being traded at Rs. 1,405 per tola, down from Rs. 1,425 yesterday.
Internationally, gold is currently priced at $1,931.30 per ounce, and silver is priced at $23.33 per ounce.
Gold prices experienced a decline today, losing Rs. 1700 per tola. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, the current trading price for fine gold stands at Rs. 111,600 per tola, whereas it was maintained at Rs. 113,300 per tola the previous day. Similarly, Tejabi gold is being traded at Rs. 112,750 today, compared to the rate of Rs. 110,450 per tola on the previous day.
In addition to the drop in gold prices, the price of silver also decreased by Rs. 20 per tola. The current trading rate for silver in the local market is Rs. 1,415 per tola, whereas it closed at Rs. 1,435 per tola the previous day.
As for the international market, the current price of gold is recorded at USD $1,947.50 per ounce, while silver is being traded at $23.59 per ounce.
These fluctuations in the prices of gold and silver reflect the dynamic nature of the precious metals market. Factors such as global market trends, economic conditions, and investor sentiment contribute to the rise and fall of prices. Investors and traders closely monitor these changes to make informed decisions regarding their investments in gold and silver.
Gold prices have once again grabbed attention as they reached a record high today. The surge in value amounts to a significant single-day gain of Rs. 1500 compared to yesterday’s price.
According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 112,000 per tola, whereas it was maintained at Rs. 110,500 per tola yesterday. Similarly, Tejabi gold is being traded at Rs. 111,450 today, whereas the rate was held at Rs. 109,950 per tola on the previous day.
Within a span of two days, the price of gold has risen by Rs. 3900 per tola. The fluctuation in gold and silver prices is partly attributed to the absence of a clear response regarding customs rates related to these precious metals in the budget for 2080/081.
Just recently, on May 4th, 2023, the price of gold hit an all-time high in the Nepalese market. Fine gold was traded at Rs. 111,800 per tola, while Tejabi gold reached Rs. 111,250 per tola on that day.
In addition, silver has also experienced a gain of Rs. 20 per tola. The shiny white metal is currently being traded at Rs. 1,395 per tola in the local market, compared to the previous day’s closing rate of Rs. 1,375 per tola.
The price of gold has experienced a significant increase of Rs. 800 in the domestic market today. As reported by the Federation of Nepal Gold and Silver Dealers’ Association, the current trading rate for fine gold stands at Rs. 110,000 per tola, compared to yesterday’s rate of Rs. 109,200 per tola. Similarly, Tejabi gold is being traded at Rs. 109,500 today, whereas it was priced at Rs. 108,700 per tola yesterday.
In addition, silver has also seen a price surge of Rs. 15 per tola. The current trading rate for silver in the local market is Rs. 1,385 per tola, up from yesterday’s closing rate of Rs. 1,370 per tola.
In the international market, the price of gold is currently at USD $1,977.60 per ounce, while silver is being traded at $23.83 per ounce.
Today, the price of fine gold in Nepal has experienced a decline of Rs. 1100 per tola, while tejabi gold has fallen by Rs. 1050 from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently being traded at Rs. 110,000 per tola, compared to yesterday’s rate of Rs. 111,100 per tola. Tejabi gold, on the other hand, is being traded at Rs. 109,500 today, in contrast to yesterday’s rate of Rs. 110,550 per tola.
Additionally, silver has also witnessed a decrease in price, with a drop of Rs. 5 per tola. The current trading rate for silver in the local market is Rs. 1,370 per tola, compared to yesterday’s closing rate of Rs. 1,365 per tola.
In the international market, the current price of gold stands at $1,989.70 per ounce, while silver is trading at $23.75 per ounce.
Gold prices in the domestic market have experienced a decline of Rs. 800 per tola. The official website of the Federation of Nepal Gold and Silver Dealers’ Association indicates that fine gold is currently trading at Rs. 110,800 per tola, down from yesterday’s rate of Rs. 111,600 per tola. Similarly, Tejabi gold is being traded at Rs. 110,250 today, compared to yesterday’s rate of Rs. 111,050 per tola.
In addition, the price of silver has also dropped by Rs. 55 per tola. The lustrous white metal is currently being traded at Rs. 1,375 per tola in the local market, down from the previous day’s closing rate of Rs. 1,430 per tola.
Internationally, the current price of gold stands at USD $2,011.50 per ounce, while silver is being traded at $24 per ounce.
Gold prices are on the rise in the Nepalese market once again. Today, fine gold gained Rs. 1800 per tola while tejabi gold rose by Rs. 1750 per tola from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is being traded today at Rs. 110,600 per tola, while tejabi gold is being traded at Rs. 110,050 per tola.
This increase in gold prices comes after the precious metal reached an all-time high in the Nepalese market on 5th April 2023, with fine gold trading at Rs. 111,000 per tola and tejabi gold trading at Rs. 110,450 per tola. Currently, the international price of gold is at USD $2,015.60 per ounce, with silver being traded at $25.24 per ounce.
On the other hand, silver prices have also risen in the Nepalese market, gaining Rs. 20 per tola. The white metal is being traded today at Rs. 1,425 per tola compared to yesterday’s closing rate of Rs. 1,405 per tola.
The increase in gold prices can be attributed to various global factors such as inflation fears, economic uncertainties, and geopolitical tensions. In August 2020, gold reached an all-time high of $2074.88 per ounce in the international market, further highlighting its significance as a safe-haven asset. Despite the fluctuation in gold prices, it remains an attractive investment option for many people, especially during times of economic volatility.
Gold prices continue to break all-time highs. Today’s increase is due to a single-day gain of Rs. 2000 in fine gold, while tejabi gold has climbed by Rs. 1,950 from yesterday’s price.
According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 111,000 per tola. Yesterday, the tariff remained unchanged at Rs. 109,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 110,450. In contrast, the cost was kept at Rs. 108,500 per tola yesterday.
On March 19, 2023, the price of gold reached an all-time high on the Nepali market. Fine gold cost Rs. 110,000 a tola, while tejabi gold cost Rs. 109,500.
Gold prices are once again making news, since the value of gold reached an all-time high on March 19, 2023, i.e. today. Today’s gain is the consequence of a Rs. 2900 one-day increase from yesterday’s pricing.
According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 110,000 per tola. Yesterday, the tariff remained unchanged at Rs. 107,100 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 109500. In contrast, the cost was kept at Rs. 106,600 per tola yesterday.
In the last 10 days, the price of gold has climbed by Rs. 9500 per tola. Gold was priced at Rs 1,00,500 per tola on March 9, 2023.
The price of gold has decreased by Rs. 500 per tola today.
According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is being traded today at Rs. 101,000 per tola. In the last three days, the price of gold has decreased by Rs 1,800 per tola. The price of gold and silver has decreased for the third consecutive day i.e since Tuesday.
Meanwhile, Tejabi gold is being traded at Rs. 100,500 today. In contrast, the rate was maintained yesterday at Rs. 100,000 per tola.
On the sideline, silver has also lost Rs. 5 per tola. The lustrous white metal is being traded in the local market today at Rs. 1,220 per tola, compared to yesterday’s closing rate of Rs. 1,225 per tola.
How does the stock market work? In a nutshell, the stock market is a market place for business people. Goods are sold to the public in a public market. However, in the stock market, the public is sold share. Shares are the form in which company stock is sold. When a person purchases more shares in a company, they have a higher ownership in that company.
In the stock market, there is the primary market and the secondary market. In the primary market, companies sell shares to investors to raise financing for their operating expenses. In the secondary market, investors buy and sell shares in companies to other investors. Constantly changing market conditions are the basis of those buy and sell decisions.
A stock market operates much like an auction house, with a systematic way of buying and selling. The system in the stock market involves a great deal of bustling activity. Often there are people running around frantically, shouting and gesturing at one another.
The purchase and sale of stock starts at various places. A broker is contacted if a person wants to buy stocks in a certain company. The broker will take the investor’s money to the stock exchange to coordinate with a floor broker.
In most cases, the floor broker works for the company selling stock. Right on the stock exchange floor, brokers buy the desired stock for the investor. Once the deal is made, it is communicated to a broker and the investor then becomes a stockholder of that particular company.
Investors may decide to sell their stock. Usually investors want to sell their stock when the price per share increases so they can realize a profit on their investment. For example, a person may purchase 100 shares at the price of $25 per share. When the price increases to $35 per share, the person can sell the 100 shares and make a profit of $1,000.
The driving force behind the stock market is the basic economic principal of supply and demand. The number of stocks open to the public is the supply. The number of shares that investors what to purchase affects the demand of the stock in a certain company.
The constant change in the cost of stock is a result of conditions in other markets. For example, if people feel that the economy is growing they are apt to purchase more stocks. However, when the economy is in a decline, the majority of investors tend to sell off their stocks. On the flip side, some investors use this time to buy because the stock prices are usually at a discount.
There are quite a few business people who make long term investments in the stock market. In some situations, stocks go down in value and a stockholder loses money. There is no guaranteed profit when investing in the stock market. Thus, when a person is flexible and able to handle the constant changes of the stock exchange they are more likely to experience a profit.
So this is how the stock market works. In the end, patience, education and experience usually equals greater long term success.