Gold Rates Crash Upward! Massive Rs 1,800 Per Tola Surge Today
Today, gold jumped by Rs 1,800 to Rs 293,800, while silver rose Rs 90 to hit Rs 5,050.
The domestic bullion market witnessed an aggressive upward correction during Thursday’s trading session, setting a challenging new pricing standard for buyers across Nepal. According to the Federation of Nepal Gold and Silver Dealers' Association, fine gold surged by a substantial Rs 1,800 per tola, elevating its market value to a notable high of Rs 293,800, up from Wednesday's closing rate of Rs 292,000. Paralleling this bullish momentum, silver prices registered a sharp increase of Rs 90 per tola, driving the current valuation to Rs 5,050 compared to the previous day’s close of Rs 4,960. This sudden single-day rally highlights intense volatility in the precious metals sector, continuously forcing benchmarks closer to unprecedented psychological limits.