Gold Price Jumps by Rs. 1,600 Per Tola; Silver Also Gains

Gold and silver prices posted gains in the Nepali market on Sunday, Shrawan 10, with both precious metals recording notable increases from the previous trading session. According to the Federation of Nepal Gold and Silver Dealers' Association, the price of fine gold rose by Rs. 1,600 per tola to reach Rs. 287,100 per tola. On Friday, the same quantity of gold was traded at Rs. 285,500 per tola. Silver prices also moved higher, increasing by Rs. 60 per tola. The federation stated that silver is being traded at Rs. 4,410 per tola on Sunday, compared to Rs. 4,350 per tola in the previous trading session on Friday. The rise reflects an upward movement in the domestic bullion market at the start of the week.