Business

Gold prices in the Nepali market saw a further increase on Sunday. After crossing NPR 200,000 per tola on Friday, gold prices rose by an additional NPR 3,000 per tola, according to the Nepal Gold and Silver Traders’ Association. As of Sunday, gold is being traded at NPR 203,600 per tola, marking the highest price recorded so far. Last week, on Friday, gold was traded at NPR 200,600 per tola. Silver prices also increased on Sunday. The association reported that silver, which was traded at NPR 2,360 per tola on Friday, is now being traded at NPR 2,425 per tola.

The price of gold has reached a new record in the local market. Compared to Thursday, the price of gold per tola increased by NPR 1,200, while silver of the same quantity rose by NPR 5. According to the Nepal Gold and Silver Traders’ Association, today the price of one tola of gold is set at NPR 260,000, and silver of the same quantity is being traded at NPR 2,360. On Thursday, one tola of gold was traded at NPR 199,400, and silver at NPR 2,355. According to international media, gold is being traded at USD 3,408 per ounce today.

In the Nepali market, the price of gold on Thursday approached Rs 200,000 per tola. According to the Nepal Gold and Silver Traders’ Association, the price of standard gold reached Rs 199,400 per tola, up from Rs 199,000 per tola on Wednesday, marking an increase of Rs 400. Meanwhile, the price of silver also rose, climbing from Rs 2,345 per tola on Wednesday to Rs 2,355 per tola on Thursday.

The Nepal Stock Exchange (NEPSE) index surged by 53 points on Wednesday. At market close, NEPSE had increased by 1.91 percent, reaching 2,819.10 points. Along with the rise in the index, the daily transaction volume also climbed. On Wednesday, a total of 149,861,142 shares worth Rs 7.68 billion were traded. By the close of trading, share prices of 232 companies had gained, while 19 companies witnessed a decline. No company’s share price remained unchanged. A total of 321 companies were traded in 72,528 transactions throughout the day. Out of 13 sub-indices, all recorded gains, with the Development Bank group posting…

Bhandipur Cable Car & Tourism has opened its initial public offering (IPO) for the general public starting today. The company has issued 58.6 million shares, equivalent to 20.7% of its total capital of NPR 283 crore, at a face value of NPR 100 per share. Of these, 2% (566,000 shares) were allocated to residents of the project-affected area, and 10% (529,400 shares) were sold to Nepalis working abroad. After issuing shares in the first phase to local residents and overseas Nepalis, the company has now opened the second phase of the IPO for general investors. In this phase, 43,418,080 shares…

Gold prices in Nepal have reached a record high today, according to the Federation of Nepal Gold and Silver Dealers’ Association. The price of gold rose by Rs 300 per tola, setting a new record. After being traded at Rs 198,700 per tola yesterday, gold is now being traded at Rs 199,000 per tola. Meanwhile, the price of silver has decreased. Silver, which was traded at Rs 2,360 per tola yesterday, fell by Rs 15 and is now being traded at Rs 2,345 per tola.

Kathmandu — On the first trading day of the week (Sunday), gold prices in Nepal increased while silver prices declined. According to the Nepal Gold and Silver Traders’ Association, the price of certified gold rose by NPR 2,300 per tola, reaching NPR 197,500 per tola in the Nepali market. Conversely, silver prices fell by NPR 40 per tola, with the metal trading at NPR 2,350 per tola today, the association reported.

Nepal Rastra Bank has set the foreign currency exchange rates for Sunday. According to the central bank, the buying rate for one U.S. dollar is Rs. 139.76, and the selling rate is Rs. 140.36. The buying rate for one Euro is Rs. 162.09 and the selling rate is Rs. 162.78. Similarly, one British Pound Sterling is valued at a buying rate of Rs. 187.43 and a selling rate of Rs. 188.24, while the Swiss Franc stands at a buying rate of Rs. 172.78 and a selling rate of Rs. 173.52. One Australian Dollar is fixed at a buying rate of…

Gold and silver prices in Nepal have seen a slight increase compared to Thursday. According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of gold today has been fixed at Rs. 195,200 per tola, while silver is being traded at Rs. 2,330 per tola. On Thursday, gold was traded at Rs. 194,800 per tola, and silver at Rs. 2,290 per tola. Meanwhile, international media reported that gold is currently trading at USD 3,329 per ounce in the global market.

On the final trading day of the week, the Nepal Stock Exchange (NEPSE) index posted a slight decline. The market, which remained volatile throughout Thursday, ended down by 9.22 points, closing at 2,757.97. Total market turnover also stayed relatively limited at around Rs 5 billion. During the day, 16.8 million shares of 319 companies were traded, amounting to Rs 5.02 billion in transactions. Vikas Hydro topped the gainers’ list, hitting the positive circuit with a 9.99% increase. On the other hand, Janutthan Community Microfinance recorded the sharpest fall, dropping by 4.56%. In terms of transaction volume, Himalayan Reinsurance led the…