Kathmandu, January 21
The price of gold climbed sharply in the domestic market today compared to Tuesday. According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of gold reached Rs 295,100 per tola (11.66 grams) today, while that of silver is set at Rs 5,920 per tola.
On Tuesday, gold was traded at Rs 284,700 per tola, while the price of silver stood at Rs 5,880 per tola. Recently, both gold and silver prices have continued to surge significantly. In the international market, gold is priced at 4,740 US dollars per ounce today, while silver is trading at 95 dollars per ounce, international media reported.
According to economic analysts, rising uncertainty in the global economy, inflation, and geopolitical tensions have contributed to the increase in gold and silver prices, as they are considered safe investment assets.
