Kathmandu, April 10 -- The Nepali bullion market witnessed fluctuations in the first week of April, driven by shifts in the international market and local demand.

Weekly performance overview

The week opened on a high note, with gold priced at Rs 297,600 per tola on April 1. However, the precious metal recorded an immediate correction the next day, shedding Rs 3,600 to settle at Rs 294,000.

The most significant dip came on April 6, when gold prices hit a weekly low of Rs 291,400. Market analysts attributed the fluctuation to easing geopolitical tensions and a strengthening US dollar. However, the decline was short-lived, and by April 7, the metal began a recovery, climbing back to Rs 291,800.

Silver followed a similar trend. Starting t...