Gold being traded at Rs 112, 200 per tola on Monday
The gold is being traded at Rs 112, 200 per tola in the domestic market on Monday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, tejabi gold is being traded at Rs 116, 250 per tola.
Similarly, the silver is being traded at Rs 1,430 per tola today.
Nepse plunges by 18. 42 points on Sunday
The Nepal Stock Exchange (NEPSE) plunged by 18. 42 points to close at 2,010.35 points on Sunday.
Similarly, the sensitive index dropped by 3. 10 points to close at 385. 62 points.
A total of 9,003,941-unit shares of 285 companies were traded for Rs 2. 23 billion.
Meanwhile, Swarojgar Laghu Bitta Bikas Bank Ltd, Himalayan Laghubitta Bittiya Sanstha Limited and Asian Hydropower Limited were the top gainers today with their price surging by 10. 00 percent.
Likewise, Shuvam Power Limited was the top loser with its price dropped by 10. 90 percent.
At the end of the day, the total market capitalization stood at Rs 3. 04 trillion.
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Gold price increases by Rs 100 per tola on Sunday
The price of gold has increased by Rs 100 per tola in the domestic market on Sunday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 112, 200 per tola today. It was traded at Rs 112, 100 per tola on Friday.
Meanwhile, tejabi gold is being traded at Rs 111, 650 per tola. It was traded at Rs 111, 550 per tola.
Similarly, the silver is being traded at Rs 1,430 per tola today.
Apple production declines in Dhorpatan area
Jumbahadur Budhathoki Magar (73) from Nisikhola Rural Municipality-5 of Baglung district has an apple orchard with 200 trees of both local and Italian species.
He had sold 15 quintals of apples last year, but the production slumped this time. The apple production declined sharply because hailstone occurred last March and April. Now, the orchard wears a dreary look.
Magar had been doing traditional apple farming since 2048 BS. He has the farm in 15 ropani of land at Masgaon. Although the Italian species of apple which began two years back gave good yield last year, it witnessed a slump this time. "I had planned to sell 20 to 25 quintals of apples this year, but in vain," he said, adding that hailstone damaged it in the beginning of the flowering season.
Even the farmers at Niseldhor area are worried over the meager product. With this, some of them have shifted to potato farming.
Magar had planted 200 saplings of Italian species of apple. He explained, "After I became Chairman of Dhorpatan Apple Bloc, we began collective apple farming. I'm leading the apple farmers of Neseldhoka as well. The Italian species of apple gave a good harvest last year, but the hailstone damaged it during flowering this year."
Although the farmers here were not attracted to apple farming because of snow, and rains in the Dhorpatan area, the Agriculture Knowledge Centre encouraged them to opt for it after successful test production of Italian species of apple.
Earlier, Dhorpatan valley, Sentung, Shyalpakhe, Niseldhor and Mas were conducting traditional farming, but at a minimum scale.
Farmer from Dhorpatan-9, Ram Bahadur Gharti, informed that he also had a good harvest from 181 trees last year. But the production declined much this time.
