KATHMANDU, Dec 24: In the five months of the current fiscal year (FY), Nepal has imported 1,201 kg of gold worth Rs 9.97 billion. According to the import statistics from mid-July to mid-December published by the Department of Customs (DoC), the import of gold this year has decreased compared to the same period last year.
Till mid-December last year, Nepal had imported 1,466 kg of gold worth Rs 10.75 billion. According to the data, there has been a reduction of 265 kg gold import, which is valued at about Rs 780 million. Till mid-November 1,000 kg of gold was imported into Nepal.
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According to the DoC, the amount of imported gold increased by 201 kg worth Rs 1.76 billion only in the month of Mangsir (mid-November to mid-December), which is regarded as the heightened time of gold consumption.
