Gold, silver prices hit all-time highs of Rs 318,800 and Rs 7,300 per tola in domestic market
KATHMANDU: Gold and silver prices have surged to new all-time highs in the domestic market today.
According to Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), one tola of fine gold is priced at Rs 318,800, while one tola of silver stands at Rs 7,300.
Compared to Tuesday’s trading prices of Rs 309,300 for gold and Rs 6,870 for silver, today’s rates mark increases of Rs 9,500 and Rs 430, respectively.
Internationally, gold is trading at around $5,272 per ounce and silver at approximately $117 per ounce, based on latest spot market data.
The persistent upward trend in precious metals is fuelled by ongoing geopolitical tensions, strong safe-haven demand, continued central bank purchases, and expectations of further monetary easing. Silver prices are additionally supported by robust industrial demand from renewable energy, electronics, and electric vehicle sectors, coupled with supply constraints.
Local traders say the domestic rally mirrors these global developments, along with sustained seasonal demand ahead of weddings and festivals. Analysts warn of ongoing volatility tied to international events and policy shifts.
