KATHMANDU: There is no stoppage in the increase of gold price in the domestic market with each passing year.
If the data of the last 15 years is analyzed, the price of the precious yellow metal has increased by Rs 68,000 per tola (11.664 grams) in the past 15 years.
According to the Federation of Gold and Silver Dealers’ Association (FENEGOSIDA), gold was traded at Rs 10,000 per tola in 2061 BS.
It was priced Rs 78, 1000, an all-time high, on Friday.
Experts say the price is increasing as more people are investing in bullion that is considered a safer investment when compared to other investments.
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