Nepal Gold Prices Hit Record High, Show Market Volatility in Precious Metals

The price of gold in the Nepali market reached a new all-time high but experienced a recent correction, decreasing by Rs 700 per tola to Rs 2,800 per tola as of Sunday. Earlier, on Thursday, gold was traded at Rs 252,52,400 per tola, indicating significant fluctuations in the market. Meanwhile, silver prices have shown an opposite trend, increasing by Rs 50 per tola to Rs 3,305 on Sunday, following a Rs 70 per tola decrease on Thursday. These price movements reflect ongoing shifts in the precious metals market within Nepal, which can influence related financial and insurance sectors.