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Gold Price Surges by Rs 500 per Tola – Latest Update on myRepublica

Luke Meyer by Luke Meyer
February 18, 2024
in News
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Gold Price Surges by Rs 500 per Tola – Latest Update on myRepublica

Gold prices in the domestic market saw an increase of Rs 500 per tola on Sunday, according to the Federation of Nepal Gold and Silver Dealers’ Associations. Fine gold is now being traded at Rs 117,600 per tola, up from Rs 117,100 per tola on Friday. Similarly, standard gold has also seen a price hike, now being traded at Rs 117,050 per tola, compared to Rs 116,550 per tola on Friday.

In addition to the increase in gold prices, the price of silver has also gone up by Rs 20 per tola, now being traded at Rs 1,430 per tola compared to Rs 1,410 per tola on Friday.

This increase in the price of precious metals in the domestic market could be attributed to a variety of factors such as changes in global market trends, heightened demand, or fluctuations in currency exchange rates. Investors and consumers alike may want to keep a close watch on these developments to make informed decisions regarding their purchases or investments in precious metals.

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Luke Meyer

Luke Meyer

Luke Meyer stands as a distinguished expert in gold investing, committed to delivering top-tier information on gold prices to investors. With a rich background in the financial sector, Luke possesses a profound grasp of the gold market dynamics. His expertise isn't limited to market analysis; it also encompasses understanding economic trends and their influence on gold prices. At GoldPrices.org, he aims to offer precise and current insights, guiding investors to make informed choices. Luke's clear, engaging writing and rigorous research make him an authoritative source for anyone keen on understanding gold investing.

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