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Gold price increases by Rs 100 per tola with myRepublica – The latest update

Luke Meyer by Luke Meyer
April 9, 2024
in News
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Gold price increases by Rs 100 per tola with myRepublica – The latest update

Gold Prices Increase in Nepali Market

KATHMANDU, April 9: The price of gold has increased by Rs 100 per tola in the domestic market on Tuesday. Fine gold is now being traded at Rs 136,300 per tola, up from Rs 136,200 per tola on Monday.

Standard Gold Price

Similarly, the price of standard gold stands at Rs 135,650 per tola today.

Stagnant Silver Prices

Meanwhile, the price of silver has remained stagnant at Rs 1,685 per tola on Tuesday.

Insight:

The increase in gold prices is likely influenced by various factors such as global demand, geopolitical tensions, or economic uncertainty. Investors often turn to gold as a safe-haven asset during times of volatility, which can drive up prices in the market. It’s important for consumers to keep an eye on these trends when making decisions regarding buying or selling 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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