Friday, August 19, 2011

Gold hits another new rocord, Rs 52,250 per tola

The gold price has reached Rs. 52,250 per tola (11.664 gm) on friday, in Kathmandu, Nepal. The price has increased from previous record of Rs. 50,750 per tola previous day.

The price of the precious metal has increased due to the devaluation of US dollar and rise in the price of the crude oil in the international market, according to Nepal Gold and Silver Dealers' Association.

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