The price of gold in the Nepali market has again set a record. According to the Federation of Nepal Gold and Silver Traders, today the price of gold has increased by 2,500 per tola to 2,10,400 rupees.

In the local market, gold was traded at 2 lakh 7 thousand 900 rupees per tola on Thursday. Similarly, today the price of silver has increased by 10 rupees per tola to 2 thousand 490 rupees.

In the international market today, the price of gold is trading around 3,556 US dollars per ounce. 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 .