KATHMANDU, Oct 27: On Friday, gold prices in Nepal surged to an unprecedented level, as reported by the Federation of Nepal Gold and Silver Dealers’ Associations. The per tola price of gold reached an all-time high of Rs 116,000, marking a significant milestone.
The previous week had seen a halt in the determination of gold prices due to the festivities of Dashain. The last recorded price, just before the holiday, stood at Rs 115,500 per tola, also a record high at that time. However, in the wake of Dashain, gold prices ascended by Rs 500 per tola, setting a new pinnacle.
Gold price reaches historic high of Rs 134,000 per tola
In contrast, silver prices have remained relatively stable, holding at Rs 1,400 per tola today.
Meanwhile, the global gold market reflects a value of US$ 1986.87 per ounce on Friday, with silver following suit, rising to $22.89 per ounce.
