The gold price has reached Rs. 53,400 per tola (11.664 gm) on monday, in Kathmandu, Nepal. The price has increased from previous record of Rs. 52,400 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. The gold price increasing according international market, has reached 1883 US dollar on Monday.
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