Gold in Nepal Jumps to Rs 290,700 per Tola

Gold bars or jewelry representing the price increase in Nepal.

Gold prices in Nepal have risen significantly. According to myRepublica, the price increased by Rs 11,600 per tola to reach Rs 290,700 during the week ending July 4. This surge follows a weakening US dollar and lower government bond yields. The Federation of Nepal Gold and Silver Dealers reported the data. Silver also fluctuated, closing at Rs 4,615 per tola, influenced by improved oil supply following a US-Iran ceasefire.

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