Gold, silver prices hit all-time highs of Rs 309,000 and Rs 6,765 per tola in domestic market

KATHMANDU: Gold and silver prices have climbed to fresh all-time highs in the domestic market today.

Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) has fixed the price of one tola of fine gold at Rs 309,000 and one tola of silver at Rs 6,765.

Compared with yesterday’s rates of Rs 303,800 for gold and Rs 6,480 for silver, today’s prices reflect an increase of Rs 5,200 for gold and Rs 285 for silver.

Internationally, gold is trading at around $5,065 per ounce and silver at about $111 per ounce, according to market reports cited by local traders.

The continued rise in precious metal prices is driven by heightened geopolitical tensions, safe‑haven demand amid US tariff threats and global uncertainties, robust central bank buying, and monetary policy easing. For silver, surging industrial demand from sectors such as solar panels, electric vehicles and electronics has added further upward pressure, alongside supply constraints.

Local traders attribute the domestic surge to these global factors, combined with steady buying during the wedding and festival season. Market observers expect continued volatility depending on international developments, including US policy shifts and central bank actions.