Skip to content
|Loading...
Share Gyan home
EBook

Gold Price Falls Rs. 3,200 Per Tola; Silver Drops Rs. 165

Domestic gold prices declined by Rs. 3,200 per tola, while silver also fell by Rs. 165 per tola in the latest market update.

Published By Share Gyan
Gold Price Falls Rs. 3,200 Per Tola; Silver Drops Rs. 165

Gold prices have recorded a significant decline in the domestic market, falling by Rs. 3,200 per tola to Rs. 299,100 per tola. The price stood at Rs. 302,300 per tola in the previous trading session. According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the price of Tejabi gold also decreased by Rs. 3,200 per tola to Rs. 298,400, down from Rs. 301,600 per tola previously. Meanwhile, silver prices also moved lower, declining by Rs. 165 per tola to Rs. 4,650 per tola. Silver was previously traded at Rs. 4,815 per tola.

Related News

Gold Price Plunges by Rs. 5,900 Per Tola on Dhanteras; Silver Also Declines

Gold and silver prices recorded a sharp decline in the Nepali market on Friday, Kartik 20, coinciding with Dhanteras. Gold fell by Rs. 5,900 per tola to Rs. 283,000, while silver dropped by Rs. 110 per tola.

Nepal's VAT Collection Exceeds Target as Consumer Reward Scheme Boosts Tax Compliance

Nepal's VAT collection exceeded its first-quarter target in FY 2083/84, reaching Rs. 41.04 billion, up 10% compared to the same period last year. The increase comes after the Inland Revenue Department introduced a consumer reward scheme encouraging people to demand bills when making purchases.

Nepal Estimates $5 Billion Needed for Reconstruction After Bhotekoshi-Trishuli Disasters

Finance Minister Dr. Swarnim Wagle has estimated that Nepal will require approximately $4.7 billion to $5 billion for reconstruction following the disasters in the Bhotekoshi and Trishuli regions. The government is preparing a phased financing plan, including financial support from India, China, the World Bank and the Asian Development Bank (ADB).

Maya Khola Hydropower's Net Profit Surges 124.52% to Rs 6.38 Crore in Q1

Maya Khola Hydropower Company Limited (MKHC) has reported a 124.52 percent increase in net profit, earning Rs 6.38 crore in the first quarter of FY 2083/84, compared to Rs 2.84 crore in the same period last year. Higher electricity sales revenue and lower interest expenses supported the company's improved profitability.

Khani Khola Hydropower Turns Profitable, Reports Rs 3.65 Crore Net Profit in Q1

Khani Khola Hydropower Company Limited (KKHC) has made a remarkable financial turnaround, reporting a net profit of Rs 3.65 crore in the first quarter of FY 2083/84, compared to a net loss of Rs 1.89 crore in the same period last year.

Kalinchowk Darshan Reports Higher Quarterly Loss as Flood Disrupts Tourism

Kalinchowk Darshan Limited (KDL) reported a net loss of Rs 4.596 million in the first quarter of FY 2083/84, up from Rs 3.386 million in the same period last year. The decline was largely attributed to the devastating Bhotekoshi floods, which disrupted road access and reduced tourist arrivals.