According to the Federation of Nepal Gold and Silver Traders, today the price of one tola of gold has been fixed at 26600 rupees.
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The price of gold in the Nepali market has reached more than 2 lakh rupees for the first time. Compared to Thursday, the price of gold has increased by Rs 1,200 per tola on Friday.
According to the Federation of Nepal Gold and Silver Traders, the price of one tola of gold has been fixed at 2 lakh 600 rupees today. On Thursday, one tola of gold was bought and sold for 199,400. Earlier on July 24, the price of gold 1 lakh 99 thousand 4 hundred reached.
According to international media, gold is trading at 3,488 US dollars per ounce today. According to the federation, there are two main reasons for the increase in the price of gold. US President Donald Trump announced tariffs. Another is the Bank of UK's interest rate policy.
US President Trump has increased customs duties in 90 countries. Trump's policy has also affected the world's supply system, value network and diplomatic relations, according to the international media. The Bank of UK has cut interest rates by 0.25%. When the bank reduced the interest rate from 4.25 percent to 4 percent, investors seem to be attracted to gold .
