Stable Gold Prices in Nepali Market
KATHMANDU, June 13: The price of gold remained stable in the domestic market on Thursday. The price of fine gold has remained unchanged at Rs 141,600 per tola today. Similarly, the price of standard gold has also remained stagnant at Rs 140,900 per tola on Thursday.
Insight: Gold as a Safe Haven Investment
Gold is often considered a safe haven investment during times of economic uncertainty. Investors tend to flock to gold as a store of value when traditional markets are volatile. The stability in gold prices in the Nepali market provides a sense of security for investors looking to safeguard their assets.
On the contrary, the price of silver has decreased by Rs 10 per tola to become Rs 1,810 per tola today. It was traded at Rs 1,820 per tola yesterday.
Insight: Silver as an Industrial Metal
Silver is not only a precious metal but also a crucial industrial metal. Its diverse applications in electronics, photography, and healthcare industries make it an essential commodity. The fluctuation in silver prices can be influenced by changes in industrial demand, making it a different investment option compared to gold.
