Gold shines to hit record high of Rs 176, 200 per tola
Gold price has set a new record in the domestic market on Monday.
According to the Nepal Gold and Silver Dealers’ Association, the price of precious yellow metal has increased by Rs 1, 100 per tola and is being traded at Rs 177, 900 per tola. It was traded at Rs 176, 800 per tola on Thursday.
Likewise, the price of silver has increased by Rs 10 and is being traded at Rs 2, 035 per tola.
Nepse surges by 32. 24 points on Sunday
The Nepal Stock Exchange (NEPSE) gained 32.24 points to close at 2,695.55 points on Sunday.
Similarly, the sensitive index surged by 4.50 points to close at 450. 79 points.
A total of 15,572,862-unit shares of 323 companies were traded for Rs 7. 56 billion.
Meanwhile, Joshi Hydropower Development Company Ltd (JOSHI) was the top gainer today, with its price surging by 9. 97 percent. Likewise, Prabhu Smart Fund (PRSF) Limited was the top loser as its price fell by 5.79 percent.
At the end of the day, total market capitalization stood at Rs 4. 47 trillion.
Gold hits new high of Rs 176, 800 per tola on Sunday
The price of gold has reached an all-time high of Rs 176, 800 per tola in the domestic market on Sunday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of precious yellow metal has increased by Rs 600 per tola today. It was traded at Rs 176, 200 per tola on Friday.
Similarly, the price of silver has increased by Rs 15 and is being traded at Rs 2,025 per tola today.
Sichuan-Nepal Trade Exchange Month begins
The Sichuan Series of Celebrations on China-Nepal 70th Anniversary of Diplomatic Relations and the Sichuan-Nepal Culture, Tourism, Economy and Trade Exchange Month commenced with an inaugural event held at Chengdu, China.
The event held on Friday was jointly organized by Foreign Affairs Office of the Sichuan Provincial Government and the Consulate General of Nepal in Chengdu.
Speaking at the event, Director General of Foreign Affairs Office of Sichuan Province, Zhang Tao, reiterated the recent progress in connectivity between Nepal and Sichuan, highlighting the momentum of socio-cultural exchanges in the past year.
In his remarks, Ambassador of Nepal to China, Krishna Prasad Oli, reminisced about the historical ties shared by the two countries and more importantly, the bonds shared by the people of these countries.
Chief Executive Officer of Nepal Tourism Board, Deepak Raj Joshi, stated that Nepal is ready to welcome Chinese tourists and offer them an unforgettable experience in every corner of Nepal.
The Consul General confirmed the Consulate’s readiness to facilitate and encourage all forms of trade, tourism and cultural exchange initiatives between Sichuan and Nepal.
The event included performances from Chinese performers and Himali Cultural Group, who arrived in Chengdu for Sichuan-Nepal Culture, Tourism, Economy and Trade Exchange Month.
Various Nepali products were showcased by Nepali exhibitors during the event. During the month-long Sichuan series, Nepali local products’ exhibition and cultural exchange events will be held in different cities of Sichuan Province.
The Sichuan series is also expected to enhance integrated and robust cultural, trade, economic and people-to-people exchange between Nepal and Sichuan, according to the Consulate General of Nepal in Chengdu, China.
