KATHMANDU: Gold and silver prices increased in the domestic market today, according to the Federation of Nepal Gold and Silver Dealers’ Association. The price of gold rose by Rs 2,300 per tola, reaching Rs 274,300. On Sunday, gold prices had dropped by Rs 8,300 to Rs 272,000. Prior to that, gold prices had risen by Rs 5,000 over four days, following a sharp decline of Rs 11,700 on Oct. 25.
Silver prices also saw an increase today, rising by Rs 70 per tola to reach Rs 3,720. On Sunday, the price of silver had fallen by Rs 175 to Rs 3,650.
The highest price for gold in the Nepali market was recorded on Jan. 29, 2024, when it surged by Rs 20,500 to reach Rs 339,300. Similarly, silver reached its record high of Rs 7,505 per tola on the same day. The largest single-day decline for silver occurred on Feb. 1, 2024, when the price dropped by Rs 1,565.
