Gold price hits fresh record high as it reaches Rs 105,500 per tola

KATHMANDU: The price of gold in the domestic market of Nepal has reached a new record on Wednesday.

According to the  Federation of Nepal Gold and Silver Dealers’ Association, the price of the precious yellow metal has reached Rs 105,500 per tola with an increase of Rs 2,500 per tola.

Earlier on Tuesday, the bullion was traded at Rs 103,000 per tola.

Meanwhile, the price of tejabi gold is being traded at Rs 105,000 per tola.

Similarly, the price of silver has increased by Rs 40 per tola and is being traded at Rs 1,450 per tola.

Earlier, it was traded at Rs 1,410 per tola. 

The price of gold has increased by a whopping Rs 9,000 in the past 9 days.