Gold price surges by Rs 2,500 per tola
Summary
Gold prices in Nepal jumped by Rs 2,500 per tola to Rs 307,400, while silver rose by Rs 40 to Rs 4,765 per tola. Analysts linked the surge to global market fluctuations, tighter supply, geopolitical shifts, and currency movements.
Key Points
- Hallmark gold in Nepal rose by Rs 2,500 per tola to reach Rs 307,400.
- Silver also increased by Rs 40 per tola, trading at Rs 4,765.
- The Federation of Nepal Gold and Silver Dealers’ Association reported the new trading prices.
- Analysts cited global commodity volatility, supply tightening, geopolitical shifts, and currency adjustments as drivers of the increase.
