Price of gold continues climb

KATHMANDU – The price of gold has been continuously going up in the international market since June 10.

The price of gold has climbed by Rs 400 per tola (11.66 grammes) while that of silver remains constant in the domestic market today when trading opened, compared to the price on Friday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of a tola of gold has been set at Rs 197,500 while the same quantity of silver is being traded at Rs 2,165 today.

On June 10, the price of one tola of gold was Rs 190,000 and the price of same quantity of silver was Rs 2,165. Gold was traded at Rs 191,300 per tola on June 11. The price of gold was Rs 192,900 per tola on June 12 while it was Rs 197,100 on June 13 and 14.

International media reports that today an ounce of gold is trading at 3,448 US dollars inthe international market.

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