Gold price rised by Rs500 per tola

Kathmandu,April 24 – The price of yellow metal has again increased by Rs. 500 in the Nepali market on Wednesday.

The Federation of Nepal Gold and Silver Dealers’ Associations fixed the price of gold at Rs 51,500 per tola today.

Triggered by a huge downfall in the international market, the domestic market witnessed the biggest single day drop Rs 3,300 in price of gold on April 15.  

However, after two days of free fall, the bullion price stabilised in the local market on a nominal growth in price of the yellow metal in the international market.