The domestic bullion market in Nepal saw a significant surge today, with both gold and silver prices climbing to new heights. According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of gold jumped by a staggering Rs 3,500 per tola compared to last Friday’s closing rates.
This sharp increase reflects a volatile trend often influenced by shifts in the global economy and local demand. Here is a breakdown of the latest market rates:
Domestic Price Comparison (Per Tola)
| Metal | Friday’s Price | Today’s Price | Change |
| Hallmark Gold | Rs 313,400 | Rs 316,900 | + Rs 3,500 |
| Silver | Rs 5,445 | Rs 5,475 | + Rs 30 |
(Note: 1 tola is equivalent to 11.66 grams)
What’s Driving the Surge?
The spike in Nepal’s local market closely mirrors international trends. Currently, gold is trading at USD 5,170 per ounce globally, while silver is at USD 85 per ounce.
Factors such as international currency fluctuations, geopolitical tensions, and central bank policies continue to push investors toward precious metals as a “haven” asset. For local buyers and investors in Nepal, these record-breaking figures represent a significant shift in the cost of jewelry and long-term savings.
Read the Gold Price in Nepal Daily Update
Stay Informed
As prices fluctuate daily, it is essential to keep an eye on the official rates provided by the Federation before making any major transactions.
