The prices of precious metals continued to rise in Nepal today, with gold and silver hitting fresh record levels in the domestic market. Gold is now priced at Rs 276,500 per tola, while silver has increased to Rs 5,340 per tola, according to local traders.
The increase comes amid sustained strength in the international bullion market, as investors seek safe assets due to global economic and geopolitical uncertainties. A weaker US dollar and expectations of changes in global interest rates have further supported the price rise.
In the local market, jewelers say customer interest remains moderate despite the high rates. While festive and wedding-related demand has provided some support, many buyers are being cautious due to the rapid price increase.
Experts say gold and silver prices are likely to remain volatile in the near term, influenced by global market trends and currency movements. Consumers and investors are encouraged to monitor daily price updates before making purchasing decisions.