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ECONOMY

Gold price rises by Rs 400 per tola

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

KATHMANDU, March 27: Despite a slight dip in gold price on Tuesday following consistent highs, it surged once more on Wednesday. The price of gold has increased by Rs 400 per tola in the domestic market today compared to the previous day.


The price of fine gold has now reached Rs 126,800 per tola.


On Monday, the price of gold rose by Rs 200 per tola compared to Sunday, reaching Rs 126,700 per tola. However, it saw a reduction of Rs 300 per tola on Tuesday.


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On March 14, the price of gold was set at Rs 125,800 per tola, and by last Thursday, it had reached Rs 127,800 per tola.


Similarly, the price of standard gold stands at Rs 126,200 per tola today, up from Rs 125,800 per tola yesterday.


Meanwhile, there has been a general decline in the price of silver. On Wednesday, silver decreased by Rs 15 per tola, with the trading price remaining at Rs 1,490 per tola. It was traded at Rs 1,505 per tola on Tuesday and Rs 1,515 per tola on Monday. Last Thursday, it reached Rs 1,555 per tola.


In the international market, gold is trading at $2176.49 per ounce on Wednesday, up from $2172.08 on Tuesday and $2169.55 per ounce on Monday. Silver is priced at $24.43 per ounce, compared to $24.64 per ounce on Tuesday and $24.65 per ounce on Monday.


 


 

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