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The price of gold has dropped by Rs 800 per tola in the domestic market on Wednesday. 

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 300, 500 per tola today.   It was traded at Rs 301, 300  per tola on Tuesday. 

Similarly, the price of silver has dropped by Rs 30 per tola and is being traded at Rs 5, 130 per tola.

Goods worth Rs 694.5 billion were imported in the first nine months of the current fiscal year. 

The imports of the first nine months in the current fiscal year increased by 13 percent compared to the same period of the last fiscal year, according to the Birgunj Customs Office. 

The total imports during the same period in the last fiscal year stood at Rs 613.61 billion. 

During the nine months, the country imported goods and commodities of Rs 80.44 billion more compared to the same period of last year from Birgunj customs point.  

Information Officer of the Birgunj Customs Office, Udaya Singh Bista, said that there has been growth in the imports of goods through this point. 

Petroleum products worth Rs 148.16 billion, iron and iron products of Rs 62.26 billion, soybean oil of Rs 50.4 billion and other goods were imported during the period. 

The other major imports include machinery parts and electrical goods, it is said.

Bista shared that machinery goods of Rs 49.13 billion and electric machinery goods and appliances worth Rs 34.19 billion were imported till the Nepali month of Chaitra, the first nine months of the current fiscal year 2082/83 BS. 

According to the Office, revenue collection of the Birgunj Customs Office stood at Rs 177.66 billion during the period of nine months.

The Nepal Stock Exchange (NEPSE) plunged by 18. 10 points to close at 2, 807. 12 points on Tuesday. 

Similarly, the sensitive index dropped by 3. 15 points to close at 470. 56 points.

A total of 13,019,055-unit shares of 347 companies were traded for Rs 1. 59 billion.

Meanwhile, Palpa Cement Industries Limited (PCIL) and Suryakunda Hydro Electric Limited (SKHEL) were the top gainers today with their price surging by 15. 00 percent.

Likewise,  Dolti Power Company Limited (DOLTI) was the top loser as their price fell by 8. 71 percent.

At the end of the day, the total market capitalization stood at Rs 4. 78 trillion.

The price of gold has increased by Rs 1, 600 per tola in the domestic market on Tuesday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 301, 300 per tola today. It was traded at Rs 299, 700 per tola on Monday. 

Similarly, the price of silver, however, has dropped by Rs 30 and is being traded at Rs 5, 160 per tola today.