January 26: The price of  gold reached an all-time high in Nepali market on Thursday.  The price of yellow metal was fixed at over 106 thousand per tola (11.66 grams).

According to the Federation of Nepal Gold and Silver Dealers Associations, the fine gold is traded at Rs 106 thousand 900 per tola following a rise of Rs 700 per tola from the price of the prior day.

Likewise, the price of worked gold is Rs 106 thousand 400 today against Rs 105 thousand 700 on Wednesday. Similarly, silver is being traded at Rs 1,380 per tola today following a rise Rs 15 per tola the previous day. 

According to Federation of Nepal Gold and Silver Dealers Associations Chair Manik Ratna Shakya, the prices of gold and silver have soared in the Nepali market due to the rise in the international market. 
Prices of gold and silver are determined based on the international market prices. 

In the last two months, the price of precious metal has gone up by Rs 7,000 per tola. Looking its upward trend, gold and silver entrepreneurs estimate that the price of yellow metal will rise further. 

A survey conducted a few days ago had indicated that the price of gold would continue to increase. The survey has estimated that the price of precious metal will touch Rs 200 thousand per tola. Nepali gold entrepreneurs, however, say that they cannot predict how high the gold price will go.