Gold price increases by Rs 300 per tola on Wednesday

The price of gold has increased by Rs 300 per tola in the domestic market on Wednesday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 116, 500 per tola today. It was traded at Rs 116, 200 per tola on Tuesday.

Meanwhile, tejabi gold is being traded at Rs 115, 950 per tola. It was traded at Rs 115, 650 per tola.

Similarly, the silver is being traded at Rs 1,455 per tola today.

 

China refutes alleged graft at Pokhara airport

China has refused the alleged corruption in the construction of Pokhara International Airport.

In responding to a question about Nepal’s reported investigation by Commission for the Investigation of Abuse of Authority (CIAA), Chinese Foreign Ministry Spokesperson Mao Ning said she was not aware of the reported internal review in Nepal but what the report mentioned was inconsistent with facts.

Since the inauguration of the airport, which was built by a Chinese enterprise, all facilities have been operating smoothly, playing an active role in improving Nepal’s domestic and international air connectivity, she said.

“The Chinese government always asks our companies to strictly abide by laws and regulations in doing business overseas. Pokhara International Airport is an important infrastructure project in China-Nepal cooperation and hailed in Nepal as a project of national honor,” Mao said. 

“According to my knowledge, Chinese companies took into full consideration the local situation, followed the quality standards strictly during the design and construction, and kept complete records,” the spokesperson said. 

Nepse plunges by 23. 82 points on Monday

The Nepal Stock Exchange (NEPSE) plunged by 23. 82 points to close at 1,829.65 points on Monday.

Similarly, the sensitive index dropped by 4. 48 points to close at 352. 05 points.

A total of 3,675,101-unit shares of 285 companies were traded for Rs 950 billion.

Meanwhile, Menchhiyam Hydropower Limited was the top gainer today with their price surging by 8.13 percent. Likewise, Mathillo Mailun Khola Jalvidhyut Limited was the top loser with its price dropped by 9. 94 percent.

At the end of the day, the total market capitalization stood at Rs 2. 82 trillion.

Gold price increases by Rs 500 per tola on Monday

The price of gold has increased by Rs 500 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 116, 200 per tola today. It was traded at Rs 115, 700 per tola on Sunday.

Meanwhile, tejabi gold is being traded at Rs 115, 650 per tola. It was traded at Rs 115, 150 per tola.

Similarly, the silver is being traded at Rs 1,455 per tola today.