IME Life New

The price of silver has doubled in eight months.

SPIL
Global College
Nepal Life New

Kathmandu. The price of silver has been rising day by day in the international market on Sunday.

The price of silver has increased in the international market since last year. In the international market, silver is being traded at $ 63.06 per ounce.

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The price of silver is Rs 4,255 per tola in the Nepali market on December 17. The price of silver was Rs 1,300 per tola on April 15. In this way, the price of silver has increased more than double in the last 8 months.

There are many reasons behind the continuous rise in the price of silver. According to experts, the continuous increase in industrial demand, increasing investor interest in safe assets and global economic uncertainty are boosting the demand for silver.

The growing demand for silver, especially in green energy technologies, electric vehicles and solar panels, has strengthened the metal. As a result, prices are constantly rising.

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