Gold price increases by Rs 14, 400 per tola on Wednesday
The price of gold has increased by Rs 14, 400 per tola in the domestic market on Friday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 304, 700 per tola today. It was traded at Rs 290, 300 per tola on Tuesday.
Similarly, the price of silver has increased by Rs 265 and is being traded at Rs 5, 600 per tola today.
Nepse plunges by 12. 58 points on Tuesday
The Nepal Stock Exchange (NEPSE) plunged by 12. 58 points to close at 2, 683. 15 points on Tuesday.
Similarly, the sensitive index dropped by 2. 45 points to close at 456. 71 points.
A total of 18,703,183-unit shares of 322 companies were traded for Rs 1. 53 billion.
Meanwhile, Kalinchowk Darshan Limited (KDL) was the top gainer today with its price surging by 10. 00 percent.
Likewise, Sanvi Energy Limited (SANVI) was the top loser as their price fell by 4. 63 percent.
At the end of the day, the total market capitalization stood at Rs 4. 50 trillion.
Gold price increases by Rs 3, 700 per tola on Tuesday
The price of gold has increased by Rs 3, 700 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 290, 300 per tola today. It was traded at Rs 286, 600 per tola on Monday.
Similarly, the silver is being traded at Rs 5, 335 per tola today.
Baglung village sells orange worth Rs 40 million
The farmers in Sigana village in Baglung Municipality–8 have made a decent income from orange production and the production is also on the rise year on year.
Ananta Khadka, an orange farmer, sold oranges worth Rs 500,000 to traders last year but his income this year increased to Rs 750,000.
Khadka and other farmers sold their production directly to the traders in lump sum from their gardens.
The local people shared that the village received nearly Rs 40 million from orange sales this year, while such amount was Rs 35 million last year.
More than 100 farmers in Sigana village have earned from Rs 100,000 to Rs 700,000 from the same of orange and there are many other families making income from orange farming.
The Ganesh Agricultural Cooperative in the village has maintained the record of the orange production and sales.
The farmers shared that the oranges from there are sold to the cities including Pokhara, Kathmandu, Chitwan and others.
The villagers there had switched to commercial farming of oranges nearly three decades ago and have rapidly expanded the orange cultivation area.
Leading farmer Shiva Kumar Khadka in Sigana shared that the cooperative has been constructed to expand the areas for orange farming and the farmers are provided with the orange saplings at a subsidized rate.
This year, the production of oranges has increased due to favorable weather coupled with the absence of diseases, Chairman of Ganesh Agricultural Cooperative Ram Bahadur Khadka stated.
