Gold price drops by Rs 3, 000 per tola on Friday
The price of gold has dropped by Rs 3, 000 per tola in the domestic market on Friday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 299, 800 per tola today. It was traded at Rs 302, 800 per tola on Thursday.
Similarly, the price of silver has dropped by Rs 120 per tola and is being traded at Rs 5, 250 per tola.
Nepse plunges by 33. 83 points on Thursday
The Nepal Stock Exchange (NEPSE) plunged by 33. 83 points to close at 2, 833. 03 points on Thursday.
Similarly, the sensitive index dropped by 4. 41 points to close at 477. 46 points.
A total of 20,743,884-unit shares of 342 companies were traded for Rs 1. 61 billion.
Meanwhile, Ridge Line Energy Limited (RLEL) and Suryakunda Hydro Electric Limited (SKHEL) were the top gainers today with their price surging by 10. 00 percent.
Likewise, Sindhu Bikash Bank Ltd (SINDU) was the top loser as their price fell by 9. 47 percent.
At the end of the day, the total market capitalization stood at Rs 4. 83 trillion.
Gold price increases by Rs 100 per tola on Thursday
The price of gold has dropped by Rs 100 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 302, 800 per tola today. It was traded at Rs 302, 700 per tola on Wednesday.
Similarly, the price of silver has dropped by Rs 30 per tola and is being traded at Rs 5, 250 per tola.
NOC hikes fuel prices
The Nepal Oil Corporation (NOC) has increased the fuel prices effective from 12 last midnight.
The NOC hiked the fuel prices of diesel, kerosene and aviation fuel, while the price of petrol remained unchanged.
As per the new price list, the price of diesel and kerosene has been increased by Rs 30 per liter and Rs 5 per liter in aviation fuel.
With this, the price of diesel and kerosene has been fixed at Rs 237 per liter and aviation fuel at Rs 256 in the domestic market, the NOC mentioned in a press statement.
Despite the latest price adjustment, the NOC stated that it still remains in deficit due to the massive price hike in the international market.
