Gold price rises by Rs 400 per tola

March 27, 2024 13:06 pm

KATHMANDU, March 27: Despite a slight dip in gold price on Tuesday following consistent highs, it surged once more on Wednesday.

KATHMANDU, March 25: Gold price in the domestic market has surged to Rs 126,700 per tola, continuing its upward trend. This marks an increase of Rs 200 per tola compared to last Friday and Rs 900 per tola compared to the beginning of the current month.

KATHMANDU, Oct 27: On Friday, gold prices in Nepal surged to an unprecedented level, as reported by the Federation of Nepal Gold and Silver Dealers’ Associations. The per tola price of gold reached an all-time high of Rs 116,000, marking a significant milestone.

KATHMANDU, May 5: Gold hit a record high price with the Federation of Nepal Gold and Silver Dealers Associations (FENEGOSIDA) fixing the price of the precious yellow metal at Rs 111,800 per tola (11.663 grams) on Thursday.

KATHMANDU, April 1: Price of crude oil in the international market plunged to an almost 18-year low at US $ 20 per barrel on Monday. However, Nepali consumers are bound to keep on paying the higher prices as usual, and this despite the fact the country has adopted an automatic pricing policy.

KATHMANDU, Dec 15: Nepali handicraft, one of the main export items of the country, has never really picked up due to failure of maintaining quality assurance in the international market, traders said on Saturday.