The price of silver has also set a new record.
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The price of gold has set a new record. The price of gold increased by Rs 4,100 per tola on Monday, according to the Federation of Nepal Gold and Silver Dealers.
According to the federation, the price of gold is being traded at Rs 274,700 per tola on Monday. The price of gold has been continuously increasing lately. On Sunday, gold was traded at Rs 270,600 per tola.
The price of silver has also set a new record. On Monday, silver is being traded at Rs 5,195 per tola. On Sunday, silver was traded at Rs 4,990 per tola.
Experts say that the price of gold has fluctuated due to a combination of economic and geopolitical instability, inflation, low interest rates, investors seeking safe havens, and central banks diversifying their investments. They say that the price of silver has increased due to increasing demand from the industrial sector and supply not being able to meet demand.
