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The price of gold has dropped by Rs 1, 200 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 140, 600 per tola today. It was traded at Rs 141, 800 per tola on Monday.

Similarly, tejabi gold is being traded at Rs 139,  900 per tola. It was traded at Rs 141, 100 per tola.

Meanwhile, the price of silver has dropped by Rs 25 and is being traded at Rs 1, 885 per tola today.

Birgunj Metropolitan City has collected nearly Rs 400 million in revenue in the last 10 months of the current fiscal year. It was able to collect Rs 398 million.

The revenue collected increased by Rs 31.8 million as compared to the same period of the last fiscal year.

Revenue division chief of Birgunj Metropolitan City Office, Manoj Karna, however, said they had aimed at collecting Rs 700 million in revenue; it was only Rs 400 so far. The existing budget was revised last January.

"Economic downturn caused decline in trade activities, which has clearly impacted on revenue collection," he added.

Similarly, Chief Administrative Officer at Metropolis, Matrika Bhattarai, informed that although they had aimed at collecting Rs 500 as land tax in the current fiscal year, it was now difficult to meet the target. "It is because of the downturn in realty business. We're able to collect Rs 139 million so far," he said, adding that it was difficult to manage resources owing to failure to meet the target of internal revenue.

The metropolis has been collecting inland revenue under 24 headings. Under the house rent, Rs 49 million was gained as revenue this year.

The Nepal Stock Exchange (NEPSE) gained 27.54 points to close at 2,092.00 points on Monday.

Similarly, the sensitive index surged by 7.31 points to close at 374. 07 points.

A total of 14,370,689-unit shares of 315 companies were traded for Rs 5. 85 billion.

Meanwhile, Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL), Buddha Bhumi Nepal Hydropower Company Limited (BNHC) and Bhagawati Hydropower Development Company Limited (BGWT) were the top gainers today, with their price surging by 10. 00 percent.

Likewise, Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) was the top loser as its price fell by 7.40 percent.

At the end of the day, total market capitalization stood at Rs 3. 31 trillion.

The price of gold has increased by Rs 900 per tola in the domestic market on Monday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 141, 800 per tola today. It was traded at Rs 140, 200 per tola on Sunday.

Similarly, tejabi gold is being traded at Rs 141, 100 per tola. It was traded at Rs 140, 200 per tola.

Similarly, the price of silver has increased by Rs 30 and is being traded at Rs 1,910 per tola today.