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Stagnant Gold Prices Persist on myRepublica: What You Need to Know

kent-jackson by kent-jackson
June 25, 2024
in News
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Stagnant Gold Prices Persist on myRepublica: What You Need to Know
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Gold Prices Remain Stable in Nepali Market

KATHMANDU, June 25: The price of gold remained stagnant in the domestic market on Tuesday. The price of fine gold has remained stable at Rs 142,300 per tola, while the price of standard gold is also unchanged at Rs 141,600 per tola today.

Insight on Gold Market Stability

The stability in gold prices suggests a lack of major fluctuations in the market, indicating a steady demand and supply scenario. Investors and consumers may find comfort in the consistent pricing, allowing for more predictable transactions and investment decisions.

Meanwhile, the price of silver has decreased by Rs 5 per tola to become Rs 1,815 per tola today. It was sold at Rs 1,820 per tola yesterday.

Impact of Silver Price Decrease

The slight decrease in silver prices may attract buyers looking for a more affordable precious metal option. It could also indicate fluctuations in industrial demand for silver, as it is commonly used in various industries beyond jewelry and investment.

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