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The price of gold has dropped by Rs 1, 700 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 193, 500 per tola today.

Similarly, the price of silver has dropped by 10 and is being traded at Rs 2, 160 per tola today.

The Nepal Stock Exchange (NEPSE) gained 8. 13 points to close at 2,604. 11 points on Monday.

Similarly, the sensitive index surged by 1. 60 points to close at 445. 70 points.

A total of 17,587,036-unit shares of 325 companies were traded for Rs 6. 47 billion.

Meanwhile, Joshi Hydropower Development Company Ltd (JOSHI) was 

​​​the top gainer today, with its price surging by 9. 98 percent.

Likewise, Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) was the top loser as its price fell by 10. 00 percent.

At the end of the day, total market capitalization stood at Rs 1. 46 trillion.

The gold is being traded at Rs 195, 200 per tola in the domestic market on Monday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of silver, however, has increased by Rs 10 and is being traded at Rs 2, 170 per tola today.

Export of tea has increased by 40.50 percent in the 11 months of the current fiscal year 2024/25. 

According to the Mechi Customs Office, tea worth Rs 3. 86 billion has been exported until the month of Ashad (Mid-June). 

During the 11 months of the current fiscal year, 14,463.33 metric tonnes of tea has been exported, as informed by Ishwar Kumar Humagain, the information officer at the Mechi Customs Office.

In the fiscal year 2024/25, tea worth Rs 2. 75 billion was exported. 

According to the office's statistics, cardamom exports have decreased by 3.80 percent until the end of the month of Jestha (Mid-June) in the current fiscal year. In the 11 months of the current fiscal year, cardamom exports are worth Rs 7. 18  billion have been recorded.

In the last fiscal year, cardamom worth Rs. 7 billion 452 million was exported during the same period. 

The main exported items include veneer sheets at 67 percent, iron sheets at 9.6 percent, plywood at 11.60 percent, and molasses which saw a 400.50 percent increase in exports, the Office said.

Similarly, export of cement clinker decreased by 12.60 percent, ginger by 59.70 percent, Amriso (broom grass) by 15.2 percent, and Chhurpi (traditional hardened yak cheese) by 7.7 percent.

In the current fiscal year's 11 months, goods worth Rs 23. 28  billion have been exported through the Mechi customs.