Gold has experienced a consistent decline in value for the past four consecutive trading days. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading rate for pure gold stands at Rs. 1,18,300 per tola. This marks a reduction of Rs. 200 compared to the previous day’s trading value of Rs. 1,18,500 per tola.
Similarly, Tejabi gold is currently priced at Rs. 1,17,750 per tola, indicating a decrease of Rs. 200 from the previous day’s rate of Rs. 1,17,950 per tola.
Highlights:
- Struggles of Newly Listed Companies: SONA and GCIL Face IPO Price Pressures in Secondary Market
- Significant Drop in Gold Prices and Silver Follows Suit in Nepal’s Domestic Market
- NEPSE Index Records Modest Loss as Sonapur Minerals Leads Trading Activity
- NEPSE Index Records Minor Losses as Stock Market Sees Mixed Performances
- Nepal Stock Exchange (NEPSE) Reports a 0.48% Dip in Index