Gold and Silver Prices Climb: Gold Up by Rs 2,200 per Tola, Silver Up by Rs 85
On Friday, prices of gold and silver in Nepal saw a noticeable increase, with gold rising by Rs 2,200 per tola and silver by Rs 85 per tola. The Nepal Gold and Silver Business Association reported the new gold rate at Rs 296,900 per tola, up from Rs 294,700 the previous day. This price hike reflects growing investor demand amid regional economic uncertainties and the weakening local currency. For everyday investors, higher gold prices mean increased costs for purchasing or investing in gold jewelry and ornaments. This shift can impact household budgets and investment portfolios, especially for those relying on gold as a financial safeguard.
- Friday sees sharp rise in gold and silver prices: Gold hits Rs 296,900/tola, Silver Rs 3,935/tola. #SamacharSanjal #NEPSE #GoldPriceNepal #StockMarketNepal
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On Friday, prices of gold and silver in Nepal saw a noticeable increase, with gold rising by Rs 2,200 per tola and silver by Rs 85 per tola. The Nepal Gold and Silver Business Association reported the new gold rate at Rs 296,900 per tola, up from Rs 294,700 the previous day. This price hike reflects growing investor demand amid regional economic uncertainties and the weakening local currency. For everyday investors, higher gold prices mean increased costs for purchasing or investing in gold jewelry and ornaments. This shift can impact household budgets and investment portfolios, especially for those relying on gold as a financial safeguard.
Source:bizmandu.com
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