Gold price increases

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Gold price increases

Postby shiva on Mon Feb 01, 2010 5:06 am

The price of gold has started increasing in the Nepali market after Nepal Rastra Bank made strict rules regarding its import.

Though the price of bullion on the international markets is continuing to fall after the US$ became stronger than the euro, its prices on the domestic market is on the rise, said chairman of the Nepal Gold and Silver Dealers Association Tej Ratna Shakya. The import of gold has gone down after the central bank's strict import rules.

Gold was sold at Rs. 31, 800 per tola (11.664 gm) on Sunday while

its price was Rs. 31,650 on Friday.
shiva
 
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