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Gold price hits all-time high of Rs 65,000 per tola



KATHMANDU: Gold price has reached an all-time high of Rs 65,000 per tola (11.664 grams) in the domestic market on Friday.

As per the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of the precious yellow metal increased by Rs 1,000.

The tejabi gold is being traded at Rs 64,700 per tola and silver at Rs 740 per tola.

Jewelers say the price hike owes to the price hike in the international market due to the ongoing US-China trade war and rise in import duty on gold by the government through the new budget.

 

 

 

 

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