Gold price reaches Rs 126,700 per tola

Published On: March 25, 2024 04:00 PM NPT By: Republica  | @RepublicaNepal


KATHMANDU, March 25: Gold price in the domestic market has surged to Rs 126,700 per tola, continuing its upward trend. This marks an increase of Rs 200 per tola compared to last Friday and Rs 900 per tola compared to the beginning of the current month. 

However, it has witnessed a decrease of Rs 1,100 per tola compared to last Thursday. Gold trading prices have consistently been on the rise, setting record gains, which is also reflected in the international market.

On March 14, gold was priced at Rs 125,800 per tola, reaching Rs 1,27,800 per tola last Thursday. Despite starting the week at Rs 125,000 per tola, it saw a slight decrease of Rs 500 per tola on Monday. However, it surged by Rs 700 per tola on Tuesday to reach Rs 124,500 per tola and remained stable at the same price on Wednesday. Compared to the third and fourth days of the week, gold prices soared by Rs 2,600 per tola on Thursday, followed by a decrease of Rs 1,300 per tola on Friday.

The price of standard gold is fixed at Rs 126,100 per tola today, marking an increase from Rs 125,900 per tola on Friday.

Additionally, silver prices stood at Rs 1,515 per tola on Monday, witnessing an increase of Rs 15 from Friday. Last Thursday, silver had reached Rs 1,555 per tola.

In the international market, gold is trading at $2,169.55 per ounce on Monday, showing an increase of $134.11 within a month. Meanwhile, silver is priced at $24.65 per ounce today, witnessing a rise of $2.17 over the past month.


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