Gold Prices Rise Today After Falling Yesterday

Kathmandu, Bhadra 5. In the Nepali market today (Monday), gold prices have risen while silver prices remain stable. According to the Nepal Gold and Silver Entrepreneurs Federation, the price of hallmark gold has increased by 600 rupees per tola, reaching 184,800 rupees.
Yesterday (Sunday), the price of gold fell by 600 rupees to 184,200 rupees. On Baisakh 9, gold prices reached up to 197,900 rupees, which is the highest price so far. Since then, the price of gold has been on a downward trend.
Meanwhile, the price of silver has remained stable for the past two days. Maintaining the price from Sunday, silver is being traded at 1,945 rupees per tola today.
With such fluctuations in gold and silver prices, both investors and traders appear to be cautious. According to market analysts, daily fluctuations in gold and silver prices are influenced by factors such as international market impact, supply and demand conditions, and the price of the dollar.