Close Menu
    Facebook X (Twitter) Instagram
    Saturday, May 31
    Trending
    • Nepal Women’s Cricket Team Faces Growing Challenges on Path to 2026 World Cup
    • Tummoc Launches in Nepal, Accelerates International Mobility Tech Growth
    • Nepal’s Silent Mental Health Crisis Demands Urgent Action
    • Everything You Need to Know Before Renting an Electric Scooter
    • Best Foldable Electric Scooters for Easy Storage and Travel
    • Gold and crypto : why former rivals are now turning into powerful allies
    • Spring volatility shakes stock markets as tariffs cloud homebuying season
    • How to watch 2025 Met Gala Live in Canada and US Online | Met Gala 2025 Red Carpet Start Time
    Facebook X (Twitter) Instagram YouTube
    Nepal MonitorNepal Monitor
    • Home
    • About
    • News
    • Kathmandu
    • Business
    • Entertainment
    • Travel
    • Culture
    • Sports
    Subscribe
    Nepal MonitorNepal Monitor
    Home » Gold Price Falls by Rs 600 in Nepal’s Market
    Business

    Gold Price Falls by Rs 600 in Nepal’s Market

    TanjidBy TanjidApril 2, 2025Updated:May 15, 2025No Comments3 Mins Read154 Views
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
    Follow Us
    Google News
    Gold Price Falls by Rs 600 in Nepal’s Market
    Gold Price Falls by Rs 600 in Nepal’s Market
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    The price of gold in Nepal has dropped by Rs 600 per tola in the domestic market today. This decline has caught the attention of traders and buyers, as gold prices have been fluctuating in recent weeks.

    Current Gold and Silver Prices

    According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of hallmark gold is now set at Rs 179,100 per tola. On Tuesday, the price stood at Rs 179,700 per tola, indicating a noticeable drop.

    Along with gold, silver prices have also fallen. Silver is now priced at Rs 2,020 per tola, down by Rs 15 from Tuesday’s price of Rs 2,035 per tola. This decline in precious metal prices has sparked discussions in the financial market.

    Reasons Behind the Price Drop

    Several factors contribute to the falling gold prices in Nepal. One of the main reasons is the international market trend. Gold prices are influenced by global demand, geopolitical events, and fluctuations in the US dollar. When international prices fall, Nepal’s gold market follows the trend.

    Another key factor is supply and demand within Nepal. Festivals, weddings, and economic conditions play a big role in determining gold prices. When demand is low, prices tend to decrease.

    The Nepal Rastra Bank’s policy on gold imports also affects pricing. If the central bank increases the import quota, the supply of gold rises, leading to lower prices. However, if the quota is restricted, prices may rise due to limited supply.

    Impact on Buyers and Sellers

    The drop in gold prices is seen as an opportunity for buyers. Many people in Nepal purchase gold for investment, weddings, and religious purposes. With the price decrease, gold buyers may take advantage of the situation to make new purchases.

    For gold traders and jewelers, a price drop can mean lower profit margins. Jewelers often adjust their pricing strategies based on the fluctuations. If prices continue to fall, some traders may hold onto their stock, hoping for a rise in value later.

    Silver traders are also affected by this price change. As silver prices have dropped, investors may look into purchasing silver as an alternative to gold.

    Recent Trends in Gold Prices

    Gold prices in Nepal have seen many ups and downs in recent months. Economic uncertainty, inflation, and changes in global gold production all impact pricing. The US Federal Reserve’s interest rate policies also play a role. When interest rates rise, gold prices often drop because investors prefer to put money into interest-yielding assets instead of gold.

    Nepal’s gold market remains closely linked to international prices. Any major changes in global gold prices are reflected in the domestic market. The current decline may be temporary, and prices could fluctuate again based on future economic conditions.

    Experts predict that gold prices will continue to see variations based on international trends and local market conditions. If the global economy remains unstable, gold could regain its value. However, if inflation is controlled and interest rates remain high, gold prices may stay lower for a while.

    For now, Nepali gold buyers have a chance to purchase gold at a reduced rate. Investors should stay updated on price changes and make informed decisions.

    Source : daljoog news

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
    Tanjid
    • LinkedIn

    Tanjid Osman is a dedicated local news reporter based in Nepal. With a passion for storytelling, he covers a wide range of topics including current news, business trends, entertainment, travel, culture, and sports. As a freelance author, Tamjid provides insightful and engaging news articles that highlight the diverse aspects of Nepal, with a particular focus on Kathmandu. Through his work, he aims to inform, educate, and connect audiences with the latest happenings in his community.

    Related Posts

    Business

    Tummoc Launches in Nepal, Accelerates International Mobility Tech Growth

    May 22, 2025
    Business

    How Salt Gradient Energy Production Works

    April 29, 2025
    Business

    Nepal to Limit Everest Permits to Experienced Climbers

    April 29, 2025
    Business

    What is Piezoelectric Energy?

    April 28, 2025
    Business

    Understanding the global role of green hydrogen

    April 20, 2025
    Business

    Exploring the potential of Ocean Thermal Energy Conversion

    April 20, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Recent Posts
    • Nepal Women’s Cricket Team Faces Growing Challenges on Path to 2026 World Cup
    • Tummoc Launches in Nepal, Accelerates International Mobility Tech Growth
    • Nepal’s Silent Mental Health Crisis Demands Urgent Action
    • Everything You Need to Know Before Renting an Electric Scooter
    • Best Foldable Electric Scooters for Easy Storage and Travel
    • Gold and crypto : why former rivals are now turning into powerful allies
    Categories
    • Blog
    • Business
    • Culture
    • Entertainment
    • Kathmandu
    • News
    • Others
    • Politics
    • Sports
    • Travel
    © 2025 Nepal Monitor
    • Home
    • About
    • News
    • Kathmandu
    • Business
    • Entertainment
    • Travel
    • Culture
    • Sports

    Type above and press Enter to search. Press Esc to cancel.