Gold prices in Nepal jumped sharply last week, rising by Rs 9,400 per tola to reach Rs 277,200, according to the Federation of Nepal Gold and Silver Dealers’ Association. Prices climbed steadily throughout the week despite a brief midweek dip. The surge has been attributed to geopolitical tensions, expectations of US interest rate cuts, increased central bank gold purchases, and global economic uncertainty driving demand for safe-haven assets. Silver prices also rose significantly, increasing by Rs 865 per tola and briefly touching a record high.
