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Gold price hits three-year low

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KATHMANDU, June 28: The price of gold has come down to Rs 48,100 per tola (11. 664 grams) decreasing by Rs 1,400 per tola compared to the gold price on Thursday.



According to the Federation of Nepal Gold and Silver Dealers´ Association (FNEGOSIDA), the gold price slumped in the domestic market due to decrease in the price of the precious metal in international market.[break]



According to FNEGOSIDA, this is the lowest price in the domestic market in last three years. A day earlier, gold was traded at Rs 49,500 per tola in the domestic market.



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