गृहपृष्ठ ∕ Business ∕ Gold price reaches Rs 165,600 per tola in Nepali market Business Gold price reaches Rs 165,600 per tola in Nepali market KathmanduPati October 21, 2024 File Photo KATHMANUD – In a notable shift, the price of gold in the Nepali market has surged by Rs 600, reaching Rs 165,600 per tola. Just the day before, it was trading at Rs 165,000. Additionally, silver has also set a new record, with the price per tola hitting Rs 2,095, up from Rs 2,075 the previous day. According to the Nepal Gold and Silver Traders Federation, this marks the highest price for silver to date. According to the Federation, these price increases are a direct response to soaring international market prices. Two primary factors have driven up the price of gold: the ongoing conflict in the Middle East and the uncertainty surrounding the upcoming American elections. Write your comments RELATED NEWS Nepal PM Balen Shah urges unity and hope amid Dashain… Nepal PM Balen Shah expected to visit India in Mid-November CJP founder’s whereabouts unknown after Delhi police detention Climate change could displace 40.5 million South Asians by 2050 PM Shah expresses commitment to making police organization capable Flood relief funds reach Rs 17.54 billion Top Headlines Monsoon is predictable and Nepal’s disaster response should be too1 Nepal “a Buffer State”: Rethinking foreign policy in relative terms2 Promotion Linked to Future Military Leadership: Major General Magar Could Become Army Chief3 When the State Pulls the Trigger, Who Answers ?4 Before the Ballots: How Oli Lost the Political Narrative5 PM Shah pledges Krishnabhir highway reopening within month6 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward7 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns8 TRENDING The Role of the Nepalese Army in Strategic Road Projects Impact of Social Media on Nepalese Society Nepal Army initiates investigation into case of financial irregularities by Lieutenant Colonel Janmat Karki Nepal Army’s mission in Lebanon provides Covid support kits to local municipalities Army Day : Five facts about Nepal’s ‘blue helmets’ in UN-peacekeeping missions Forbes-listed billionaire Binod Chaudhary tests positive for coronavirus Lockdown 2.0: What the Government should do this time around Police make a woman public in connection to Gongabu murder case