The price of gold goes down by one thousands from 50,700 per tola and became Rs 49,700 per tola on Tuesday.
Fluctuations in the dollar valuation through the week in the international market left its repercussions on the domestic bullion market.
The price of the precious metal that was US $ 1,646 on previous days and settled at US $ 1,617 on Friday after fluctuation over the week.
Thursday, September 29, 2011
Tuesday, September 6, 2011
Gold hits another new rocord, Rs 54,200 per tola in kathmandu
After rallied to a new high in the domestic market as US debt crisis weakened dollar in the currency market, spurring investors to switch to yellow metal became safer heaven and increase price highly in Nepal. Now in domestic market in Kathmandu jumps to Rs 54,200 per tola. It is new record in gold price. The price has increased from previous record of Rs 53,300 per tola Previous day.
international market new record highs above $1,912 per ounce, sentiment toward the yellow metal has turned substantially more bullish.
international market new record highs above $1,912 per ounce, sentiment toward the yellow metal has turned substantially more bullish.
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