KATHMANDU, December 20: The cost of gold has risen by Rs 1,000 per tola in the local market on Wednesday.
Fine gold is now being sold at Rs 119,000 per tola, an increase from the previous day’s price of Rs 118,000. Similarly, standard gold is being traded at Rs 118,450 per tola, up from Rs 117,450 per tola on Tuesday. In addition, the price of silver has also seen a rise of Rs 15 per tola, with silver being traded at Rs 1,465 per tola today.
This increase in the price of precious metals may be due to various factors such as changes in global markets, economic conditions, and demand-supply dynamics. It is important for investors and consumers to stay informed about price fluctuations in order to make informed decisions.
Investors may want to consider the current trends in the market before making a decision to buy or sell these precious metals. Additionally, factors such as geopolitical uncertainties, inflation, and currency movements can also impact the price of gold and silver. Therefore, staying updated with the latest news and market analysis can be beneficial for those interested in these commodities.
