The price of gold – continuing setting a new record in the domestic market – increased by Rs 200 today to be traded at Rs 68,000 per tola (11.664 gram) to set a new record high.
According to the Federation of Nepal Gold and Silver Dealers’ Association (Fenegosida), the hike in price also slowed down trade of precious yellow metal before the festive seasons. “
The price of gold yesterday had reached to Rs 67,800 increased by Rs 1500 in a day. “However, the price of silver has remained unchanged at Rs 795 today,” the association said, adding that American Federal Reserve has lowered the interest rate for the first time in years pushing the price in the international market up.
According to the Federation of Nepal Gold and Silver Dealers’ Association (Fenegosida), the hike in price also slowed down trade of precious yellow metal before the festive seasons. “
The price of gold yesterday had reached to Rs 67,800 increased by Rs 1500 in a day. “However, the price of silver has remained unchanged at Rs 795 today,” the association said, adding that American Federal Reserve has lowered the interest rate for the first time in years pushing the price in the international market up.
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