Price of gold, which was Rs 900 per ounce on Thursday, has gone up by Rs 400 again on Friday
By Rabindra Dhungel, 19 september 2020. The price of gold, which was Rs 900 per tola on Thursday, has gone up by Rs 400 again on Friday. The price of both Chhapawal and Tejawi gold has gone up by Rs 400 per ounce.
Following the fluctuations in the price of gold and silver in the international market, the price of these metals is fluctuating day by day in the Nepali market as well. Meanwhile, gold and silver prices rose on Friday.
According to the Federation of Nepali Gold and Silver Entrepreneurs, the trading price on Friday stood at Rs 97,000 for gold and Rs 96,500 for gold bullion. Similarly, the price of silver rose by Rs 10 to Rs 1,330 on Thursday.
The price of gold and silver in the international market this morning was Rs. It traded at 73 and 27.06.
The price of gold in the international market had recently set a new historical record as the impact of Covid-19 has shrunk investment options globally. At the same time, the price of gold in the Nepali market, which was Rs 73,500 on January 1, had reached Rs 13,500 per ounce.
Since then, the price of gold in the Nepali market had dropped to around Rs 95,000 per tola.
Silver, which was traded at Rs 1,310 per tola last Sunday, had risen by Rs 10 per tola to Rs 1,320 per tola on Monday. Silver, which had traded at Rs 1,340 per tola, rose by Rs 20 again on Tuesday, stabilized on Wednesday and declined by Rs 20 on Thursday.
Gold traded at 1,944.74 an ounce and silver at 26.88 an ounce in international trade on Thursday.