Banking News – Gold and silver prices edged higher in Nepal’s local bullion market on Thursday, with fine gold increasing by Rs. 300 per tola and silver rising by Rs. 25 per tola compared to the previous trading day.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of fine gold has been fixed at Rs. 291,300 per tola, while silver is being traded at Rs. 4,505 per tola.

On Wednesday, fine gold was priced at Rs. 291,000 per tola, while silver stood at Rs. 4,480 per tola. On Tuesday, fine gold had traded at Rs. 285,600 per tola, with silver priced at Rs. 4,370 per tola.

According to international media reports, gold was trading at approximately US$4,133 per ounce, while silver was trading at around US$59 per ounce in the international market.