
Kathmandu, November 1
The price of gold surged by nearly Rs 5,000 per tola on Tuesday. Compared to the previous day, the price rose by Rs 4,900 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Associations. The new rate for fine gold has been set at Rs 246,400 per tola, up from Monday’s Rs 241,500.
Similarly, the price of silver increased by Rs 105 per tola, reaching Rs 3,170 from Rs 3,065 the previous day.
The rise in gold and silver prices in the international market has directly influenced the Nepali market, traders said.