Gold and Silver Prices Hit Record Highs

On Friday, gold and silver prices in Nepal surged to historic levels. According to the Nepal Gold and Silver Dealers’ Association, the price of gold increased by Rs. 2,500 per tola, reaching an all-time high of Rs. 210,400 per tola.

On Thursday, gold was traded at Rs. 207,900 per tola. Similarly, silver also gained Rs. 10 per tola, with its price fixed at Rs. 2,490 per tola compared to Rs. 2,480 per tola the previous day.

Reasons Behind the Price Hike

Experts attribute the sharp rise to expectations that the U.S. Federal Reserve may cut interest rates, along with the depreciation of the Nepali and Indian rupee against the U.S. dollar. This has pushed investors worldwide toward gold as a safer investment option.

In addition, U.S. President Donald Trump’s decision to impose higher tariffs on nearly 90 countries has disrupted global supply chains, value networks, and diplomatic relations. This geopolitical uncertainty has fueled increased demand for gold in international markets.

Analysts suggest that the upward momentum in gold may continue for some time, given ongoing global economic and political uncertainties. For Nepali investors, the record-breaking surge is seen as both an opportunity and a challenge in terms of affordability and market dynamics.