Gold and silver prices continue upward trend

Summary

Gold prices increased by Rs6,700 per tola in Nepal, reaching Rs290,200, while silver prices rose to Rs4,845 per tola amid global market gains driven by geopolitical tensions and expected US interest rate cuts.

Key Points
  • Gold price rose by Rs6,700 per tola in Nepal within a week, reaching Rs290,200.
  • Silver price increased by Rs145 per tola today, reaching Rs4,845, rising Rs340 over the week.
  • International gold prices rose near record levels due to anticipated US interest rate cuts and geopolitical tensions.
  • Uncertainty in US Federal Reserve policy has increased demand for precious metals globally.
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