Gold price jumps sharply in Nepali market
Fine gold rises by Rs14,400 per tola as silver also climbs.
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Fine gold rises by Rs14,400 per tola as silver also climbs.
Nepal Oil Corporation blames irregular imports from India and panic hoarding.
Of the traded companies, share prices of 66 firms advanced, while 190 declined and three remained unchanged.
After a recent dip, fine gold hits Rs290,300 per tola, while the silver price also rises.
Central banks in talks on digital transfer of Indian rupees between Nepali and Indian banks.
Benchmark index gains 0.05 per cent to close at 2,695.73 points as turnover slips to Rs8.22 billion.
After hitting a record high last week, gold and silver prices continue to slide.
Gandaki Province has formally implemented ride-sharing and self-drive service regulations after gazette publication, while Bagmati continues to delay similar guidelines despite Supreme Court directives.
Organisers said promotional initiatives such as the Nepal–Varanasi roadshow are expected to play an important role in boosting pilgrimage tourism.
The initiative represents a key collaboration between Nepal and France and brings together expertise from Nepal’s water, energy and research sectors.