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, Malaysia agree to act against syndicates affecting migrant workers Nepal, Bhutan discuss stronger climate cooperation in New York Finance Minister named acting PM as Shah heads to UNGA Japan pledges continued support to Nepal for flood recovery China extends aid for disaster-hit students in Nepal Chinese President Xi Jinping to pay state visit to US 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 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward6 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns7 Jagdamba Group Chairman Shankar Agrawal Arrested8 TRENDING What role has the Nepal Army been playing in controlling the coronavirus? National Poet Madhav Prasad Ghimire no more Forbes-listed billionaire Binod Chaudhary tests positive for coronavirus Police make a woman public in connection to Gongabu murder case Gunjan Saxena:The Kargil Girl serves a refreshing depiction of a war film Tourism entrepreneurs get crash course in Chinese language Bamdev Gautam’s appointment as National Assembly member challenged in Supreme Court Female officer placed in charge of armed force after 50 years