Gold hits new record at Rs 301, 400 per tola

The price of gold reached an all-time high in the domestic market on Friday, setting a new historical record.

According to the Federation of Nepal Gold and Silver Traders, the price of gold has increased by Rs 9, 200 per tola to reach Rs 301, 400 per tola today. It was traded at Rs 292, 200 per tola on Thursday. 

Similarly, the price of silver has increased by Rs 270 and is being traded at Rs 5, 190 per tola. It was traded at Rs 5, 870 per tola on Thursday. 

Nepse surges by 9. 23 points on Thursday

The Nepal Stock Exchange (NEPSE) gained 9. 23 points to close at 2, 714. 61 points on Thursday. 

The sensitive index, however, dropped by 0. 47 points to close at 465. 42 points.

A total of 19,075,756-unit shares of 332 companies were traded for Rs 1. 55 billion.

Meanwhile, SY Panel Nepal Limited (SYPNL), Shreenagar Agritech Industries Limited (SAIL) and Trishuli Jal Vidhyut Company Limited (TVCL) were the top gainers today, with their price surging by 10. 00 percent. 

Likewise,  Kalika power Company Ltd (KPCL) was the top loser as its price fell by 6. 25 percent.

At the end of the day, total market capitalization stood at Rs 4. 55 trillion.

Gold price drops by 2, 900 per tola on Thursday

The price of gold has dropped by Rs 2, 900 per tola in the domestic market on Thursday. 

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 292, 200 per tola today.  It was traded at Rs 295, 100 per tola on Wednesday. 

Similarly, the silver is being traded at Rs 5, 870 per tola.

Nepse plunges by 9. 43 points on Wednesday

The Nepal Stock Exchange (NEPSE) plunged by 9. 43 points to close at 2, 705. 38 points on Wednesday.

Similarly, the sensitive index dropped by 1. 35 points to close at 465. 90 points.

A total of 21,641,883-unit shares of 324 companies were traded for Rs 1. 54 billion.

Meanwhile, Kalika power Company Ltd (KPCL) was the top gainer today with its price surging by 9. 84 percent.

Likewise, Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) was the top loser as its price fell by 5. 89 percent.

At the end of the day, the total market capitalization stood at Rs 4. 54 trillion.