Gold prices surge in Nepal following international market trends
Summary
Gold prices in Nepal surged by 7,200 rupees per tola, following a rise in the international market triggered by a ceasefire between the US and Iran.
Key Points
- Gold prices in Nepal increased by 7,200 rupees per tola on Wednesday.
- The Federation of Nepal Gold and Silver Dealers' Association reported gold prices set at 299,000 rupees per tola.
- Silver prices in Nepal also rose by 893 rupees to 5,025 rupees per tola.
- Internationally, spot gold prices rose by 2.3% to 4,812.49 USD per ounce amid investor movement toward safe-haven assets due to the US-Iran ceasefire.
