KATHMANDU, March 11: There was no change in the price of gold in the domestic market on Monday. The price of fine gold stood at Rs 126,000 per tola, while the rate of standard gold remained steady at Rs 125,400 per tola. Additionally, the price of silver also stayed the same at Rs 1,475 per tola.
Insight: The stability in gold prices can be attributed to various factors such as global economic conditions, geopolitical tensions, and the demand for safe-haven assets. Investors often turn to gold during times of uncertainty, which can help support the price of the precious metal. Additionally, fluctuations in the value of the local currency and the overall market sentiment can also impact gold prices in the domestic market. Keeping an eye on these factors can help investors make informed decisions when buying or selling gold.
