Awaken Nepal

Gold price increases, Rs 50,300 per tola

gold

Gold price has increased by Rs 1600 and reach Rs. 50,300 per tola on Tuesday after continous fall since few days.

According to Federation of Nepal Gold and Silver Dealers’ Associations, the price of precious yellow metal increased as per the rising world prices.

Meanwhile, the price of silver has also increased by Rs 35. Traders have been selling silver at Rs. 864 per tola today.

Gold was traded at Rs 48,700 per tola and silver at Rs. 830 on Monday.

In Mid-July 2011, gold was traded at around Rs 49,000 per tola, which gradually increased to Rs 62,000 per tola in September last year.