The gold price that was increased for a week suddenly came down Thursday
as compared to Wednesday, according to Nepal Gold and Silver Dealers'
Association (NEGOSIDA).
The hallmark gold is traded at Rs 51,800 per tola in domestic market, today. The price was Rs 52,800 per tola on Wednesday.
The worked gold was traded at Rs 51,550 per tola on Thursday against Rs. 52,550 on the previous day. Similarly, price of fine silver was decreased by Rs 10 per tola and traded at Rs. 825 on Thursday.
According to Chairman of NEGOSIDA, Maniratna Shakya, the gold price came down as its price in the international market was decreased as the condition of US Dollar was improved and that it affects the price of gold in domestic market.
The gold was traded at 1,339 US Dollar per ounce in the international market on Wednesday. The gold market sees the decrease of 16 US Dollar per ounce today and stood at 1,323 US Dollar.
Chairman Shakya said Nepal has a demand for 30 kilograms of gold daily where as only 15 kilogram of gold is supplied through different commercial banks as per the direction of the Nepal Rastra Bank.
The hallmark gold is traded at Rs 51,800 per tola in domestic market, today. The price was Rs 52,800 per tola on Wednesday.
The worked gold was traded at Rs 51,550 per tola on Thursday against Rs. 52,550 on the previous day. Similarly, price of fine silver was decreased by Rs 10 per tola and traded at Rs. 825 on Thursday.
According to Chairman of NEGOSIDA, Maniratna Shakya, the gold price came down as its price in the international market was decreased as the condition of US Dollar was improved and that it affects the price of gold in domestic market.
The gold was traded at 1,339 US Dollar per ounce in the international market on Wednesday. The gold market sees the decrease of 16 US Dollar per ounce today and stood at 1,323 US Dollar.
Chairman Shakya said Nepal has a demand for 30 kilograms of gold daily where as only 15 kilogram of gold is supplied through different commercial banks as per the direction of the Nepal Rastra Bank.
