Gold prices in Nepal jumped sharply last week, rising by Rs 10,900 per tola to an all-time high of Rs 269,300. The increase followed strong gains on most trading days, despite brief midweek corrections. Market officials attribute the surge to global geopolitical tensions, a strong US dollar, and heightened investor demand for safe-haven assets ahead of the New Year. Silver prices also reached a record high, climbing by Rs 560 per tola, reinforcing bullish sentiment in precious metals.
