Tag: Silver market trends

  • Nepali Gold Market Witnesses Significant Rise in Rates, Reflecting Global Trends

    Nepali Gold Market Witnesses Significant Rise in Rates, Reflecting Global Trends


    Today, the price of the precious yellow metal has soared by Rs. 700 per tola compared to yesterday’s trading figures, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA).

    The current rate for fine gold stands at Rs. 1,37,500 per tola, marking a notable increase from yesterday’s trading rate of Rs. 1,36,800 per tola. Similarly, Tejabi gold is now priced at Rs. 1,36,850 per tola, indicating a Rs. 700 surge from yesterday’s price of Rs. 1,36,150 per tola.

    April 12th, 2024, saw a historic peak for fine gold, hitting an all-time high of Rs. 1,39,000 per tola. Concurrently, silver also reached a record high of Rs. 1,750.

    Moreover, silver has experienced an uptick of Rs. 15 per tola, with the current market value at Rs. 1,715 per tola, compared to yesterday’s closing rate of Rs. 1,700 per tola.

    While domestic markets witness an upward trajectory in prices, international market dynamics play a significant role. As per the latest updates, the current gold rate stands at $2,355.10 per ounce. Internationally, silver is also demonstrating positive momentum, with prices reaching $28.17 per ounce.

  • Surge in Nepal’s Gold Market: New All-Time High Reached on April 10, 2024

    Surge in Nepal’s Gold Market: New All-Time High Reached on April 10, 2024


    Nepal’s gold market has witnessed an unprecedented surge, reaching a new all-time high on April 10, 2024. According to the Federation of Nepal Gold and Silver Traders’ Association, fine gold has experienced a significant increase of Rs. 500, pushing its price to an exceptional rate of Rs. 1,36,800 per tola, up from its previous rate of Rs. 1,36,300. Similarly, Tejabi gold, another highly sought-after variant, has also seen a rise, now valued at Rs. 1,36,150 per tola, marking a consecutive increase of Rs. 500 from its previous rate of Rs. 1,35,650.

    Just the day before, on April 9th, 2024, fine gold had surged to an all-time high of Rs. 1,36,300 per tola. Additionally, the price of silver has also surged, setting new records. Presently priced at Rs. 1,700 per tola, silver witnessed an increase of Rs. 15 from the previous day’s rate of Rs. 1,685 per tola.

    The domestic market is witnessing an upward trend in prices, while the international market also plays a significant role. According to the latest update, the current gold rate stands at $2,356.40 per ounce. Internationally, silver remains constant, with prices reaching $28.09 per ounce.