How are gold and silver prices determined in Nepal? 5 factors you should know

With wedding season at its peak, Nepalis are buying and selling gold and silver jewellery as per cultural and social norms. But the ever-changing gold and silver prices make it a risky investment too, sometimes with high returns .

The price of fine gold as of February 20, is Rs 103,200 per tola and tejabi gold costs Rs 102,700 whereas silver costs Rs 1,290 per tola. The prices have been quite stable for the past week or so with a slight dip in both the gold and silver prices. But, how is the price determined?