Gold price drops by Rs 900 per tola on Tuesday
The price of gold has dropped by Rs 900 per tola in the domestic market on Tuesday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 301, 900 per tola today. It was traded at Rs 302, 800 per tola on Monday.
The price of silver, however, has increased by Rs 25 and is being traded at Rs 4, 885 per tola.
Nepse plunges by 8. 16 points on Monday
The Nepal Stock Exchange (NEPSE) plunged by 8. 16 points to close at 2, 662. 91 points on Monday.
The sensitive index, however, increased by 1. 06 points to close at 455. 66 points.
A total of 19,616,395-unit shares of 335 companies were traded for Rs 1. 52 billion.
Meanwhile, Buddha Bhumi Nepal Hydropower Company Limited (BNHC), Reliance Spinning Mills Limited (RSML) and Salapa Bikas Bank Limited (SABBL) were the top gainers today with their price surging by 10. 00 percent.
Likewise, Khanikhola Hydropower Co. Ltd. (KKHC) was the top loser as their price fell by 9. 38 percent.
At the end of the day, the total market capitalization stood at Rs 4. 47 trillion.
Gold, silver prices see slight decline
The price of gold and silver has slightly decreased in the domestic market today.
According to the Federation of Nepal Gold and Silver Dealers' Association, the price of gold has declined by Rs 3,000 per tola (11.66 grams) and silver by Rs 125 per tola today.
The Federation has determined the gold price at Rs 302,800 per tola and silver at Rs 4,985 per tola. Gold price was Rs 305,800 per tola on Sunday while silver was traded at Rs 4,860 per tola.
According to international media, gold is being traded at USD 5,025 per ounce and silver at USD Rs 77 per ounce today.
Land revenue offices collect Rs 5 billion in revenue last month
The Land Revenue Offices across the country collected Rs 5 billion in revenue in the month of Magh. The amount of total revenue decreased last month compared to the previous month, it is said.
The Land Management and Record Department stated that the offices across the country collected Rs 315.8 million from service tax, more than Rs 2.68 billion from registration fees and Rs 1.96 billion plus was collected from capital gain tax.
The offices had collected Rs 5.17 billion in revenue in Poush, the Department said.
According to the Department, the total transaction of the real estate property has not increased substantially in recent months.
Last month, a total of 50,837 real estate properties were traded, which was slightly more than the month of the last fiscal year.
