Gold Rebounds, Surges by Rs 2,700 per Tola in Nepal
After several days of decline, gold prices bounced back sharply in the domestic market on Friday, while silver also recorded a notable increase.
Gold and silver prices rose significantly in Nepal on Friday, with gold rebounding after several consecutive days of decline. According to the Federation of Nepal Gold and Silver Dealers' Association, the price of fine gold increased by Rs 2,700 per tola, reaching Rs 287,700 per tola, up from Rs 284,700 on Thursday. Silver prices also climbed by Rs 170 per tola, trading at Rs 4,510 per tola compared to Rs 4,340 the previous day. The latest increase marks a turnaround in the domestic precious metals market after a sustained downward trend in recent days.