According to the Federation of Nepal Gold and Silver Dealers, gold is being traded at Rs 320,500 per tola.
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The price of gold has increased by Rs 5,600 per tola on Sunday. Gold is being traded at Rs 320,500 per tola, according to the Nepal Gold and Silver Dealers Federation. Last Friday, gold was traded at Rs 314,900 per tola.
Silver has also increased by Rs 245 per tola. Silver is being traded at Rs 5,985 per tola, according to the federation. Last Friday, silver was traded at Rs 5,740. The highest price so far was reached on Magh 15 when the price of gold was Rs 339,000 per tola and the price of silver was Rs 7,505.
Experts say that the price is expected to increase further on Monday due to the ongoing tensions in West Asia. The price of gold in the international market has exceeded US$ 5,278 per ounce. Experts say the rise in gold prices in the international market reflects growing concerns about geopolitical instability. Meanwhile, crude oil prices are also expected to rise due to potential supply disruptions.
