KATHMANDU: Gold price increased by Rs 500 in the domestic market to register a record high of Rs 76,000 per tola on Monday.
According to the Federation of Nepal Gold and Silver Dealers Association (FENEGOSIDA), the price of yellow metal reached Rs 76,000 per tola.
The gold was traded for 75,500 per tola on Sunday.
Coordinator of the price fixation committee of the association Tejratna Shakya said the gold price surged due to US-Iran tension, strong dollar and weak Indian currency.
According to him, the gold price could rise further.
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