Gold Prices Surge in Nepali Market Following Attack on Iran
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Kathmandu. The price of gold has increased significantly in the Nepali market the day after the attack on Iran.
According to the Federation of Nepal Gold and Silver Traders, the price of hallmark gold reached NPR 320,500 per tola today. Previously, on Falgun 15, gold was traded at NPR 314,900 per tola. The Federation stated that the price of gold has increased by NPR 5,600 over the two-day period.
According to the Federation, the price of gold today has been set at NPR 274,775 per ten grams.
Similarly, the price of silver has also increased. Today, silver is being traded at NPR 5,985 per tola. On Falgun 15, silver was NPR 5,740 per tola. The Federation stated that silver has increased by NPR 245 over two days.
Traders attribute the rise in the price of precious metals to the volatility in the international market and rising tensions in the Middle East. Israel and the United States attacked Iran on Saturday. Tensions escalated immediately after Iran retaliated with attacks on various US bases in the Middle East.
This specific news has been automatically translated by AI. As a result, there may be some inaccuracies or language errors.
