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.

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