Skip to content
|Loading...
Share Gyan home
EBook

Gold Hits Rs 294,800; Silver Falls to Rs 5,040

Gold prices surged by Rs 800 to reach a near-record Rs 294,800 per tola, while silver bucked the upward trend, dipping by Rs 20 to settle at Rs 5,040 per tola in the local Nepali market.

Published By Share Gyan
Gold Hits Rs 294,800; Silver Falls to Rs 5,040

According to the Federation of Nepal Gold and Silver Dealers' Association, the price of fine gold appreciated by Rs 800 per tola today, bringing the trading rate to Rs 294,800. This rally follows yesterday's sharp market correction where gold had settled at Rs 294,000 per tola. In contrast to gold's upward momentum, the silver market experienced a minor retraction. The price of silver dropped by Rs 20 per tola, falling from yesterday's closing rate of Rs 5,060 to trade at Rs 5,040 today. Market analysts attribute these diverging trends to fluctuating international commodity prices, geopolitical cues, and shifting investor demand between precious metals.

Related News

Maya Khola Hydropower's Net Profit Surges 124.52% to Rs 6.38 Crore in Q1

Maya Khola Hydropower Company Limited (MKHC) has reported a 124.52 percent increase in net profit, earning Rs 6.38 crore in the first quarter of FY 2083/84, compared to Rs 2.84 crore in the same period last year. Higher electricity sales revenue and lower interest expenses supported the company's improved profitability.

Khani Khola Hydropower Turns Profitable, Reports Rs 3.65 Crore Net Profit in Q1

Khani Khola Hydropower Company Limited (KKHC) has made a remarkable financial turnaround, reporting a net profit of Rs 3.65 crore in the first quarter of FY 2083/84, compared to a net loss of Rs 1.89 crore in the same period last year.

Kalinchowk Darshan Reports Higher Quarterly Loss as Flood Disrupts Tourism

Kalinchowk Darshan Limited (KDL) reported a net loss of Rs 4.596 million in the first quarter of FY 2083/84, up from Rs 3.386 million in the same period last year. The decline was largely attributed to the devastating Bhotekoshi floods, which disrupted road access and reduced tourist arrivals.

Gold Price Edges Up by Rs 600, Silver Declines in Nepali Market

Gold prices in Nepal increased by Rs 600 per tola on Wednesday, reaching Rs 275,600, while silver prices dropped by Rs 20 to Rs 3,655 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.

Gold Price Rises by Rs 700, Silver Declines by Rs 45 in Nepal

Gold prices increased slightly in the Nepali market on Tuesday, while silver prices recorded a decline, according to the Federation of Nepal Gold and Silver Dealers' Association.

Makar Jitumaya Suri Hydropower Proposes 13.6842% Dividend for FY 2082/83

Makar Jitumaya Suri Hydropower Limited has proposed a 13.6842% dividend for its shareholders for FY 2082/83, comprising 13% bonus shares and 0.6842% cash dividend to cover tax obligations.