Gold Price Hike

The rise in the price of gold in the international market has its fallout in the Nepali market as well. Accordingly, gold has become dearer by Rs 1,200 today compared to its price on Wednesday. According to the Federation of Nepal Gold and Silver Dealers’ Association, gold was traded at Rs. 238,000 per tola (11.66 grammes) on Wednesday. The price has increased by Rs 1,200 to reach Rs 239,200 today.

The price of silver has also increased. On Wednesday, one tola of silver was traded at Rs 2,955, whereas today the same amount of silver is being traded at Rs 3,025, according to the Federation.

International media have reported that one ounce of gold is trading at four thousand fifty-five US dollars today in the international market. (RSS)