On the fourth day of the week, Wednesday, the price of gold increased. The price of gold, which had been decreasing continuously for seven days, has increased by 300 rupees on the eighth day.
On Tuesday, a goldsmith who was doing business at 1 lakh 6 thousand 6 hundred rupees is now doing business at 1 lakh 6 thousand 9 hundred rupees, an increase of 300 rupees. Similarly, a jeweler is doing business with acid gold for 1 lakh, 6 thousand, and 4 hundred rupees.
The price of silver has remained stable at 1 thousand, 3 hundred, and 10 rupees per tola. The Federation of Nepal Gold and Silver Entrepreneurs has determined the price of gold at 91 thousand 650 rupees per 10 grams, the price of acid gold at 91 thousand 220 rupees per 10 grams, and the price of silver at 1 thousand 123 rupees per 10 grams.
Traders have also stated that even in the situation of decreasing prices, there is no special business for gold and silver. They attribute the economic recession as the main reason for the decline in business.
