According to the Nepal Gold and Silver Dealers Federation, the price of a tola increased by Rs 5,200 on Monday.
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The price of gold has reached Rs 309,000 per tola, the highest ever. According to the Nepal Gold and Silver Dealers Federation, the price increased by Rs 5,200 per tola on Monday.
On Sunday, gold was traded at Rs 303,800 per tola. Silver rose by Rs 285 per tola. Silver, which was traded at Rs 6,480 on Sunday, reached Rs 6,765 on Monday.
Gold prices have also set a historic record in the international market. For the first time, the price of gold has exceeded $5,000 per ounce. BBC English mentions that the price of gold has increased by 60 percent compared to 2025.
Tensions between the US and NATO over Greenland and global financial and geopolitical uncertainty have led to the increase in gold prices. US President Donald Trump's trade policy has worried the market. On Saturday, Trump warned that he would increase customs duties by 100 percent if Canada makes a deal with China.
Gold and other precious metals Investors have been drawn to gold in uncertain times as it is considered a safe investment. Silver touched $100 per ounce on Friday, a 150 percent increase over the past year. The rise in the price of the precious metal is due to high inflation, a weak US dollar, purchases by central banks around the world and concerns that the US central bank will cut interest rates this year. The ongoing war in Ukraine and Gaza and the US taking control of Venezuelan President Nicolas Maduro have also helped to boost gold prices. According to the World Gold Council, only about 216,265 tons of gold have been mined so far.
