Officials of Nepal Gold and Service Dealers Association (Negosida) said they revised gold prices in line with the prices in international bullion market. [break]
“We had to adjust prices because the yellow metal is rallying in the international market,” said Tej Ratna Shakya president of Negosida. He also said strengthening of US dollar vis-à-vis Nepali rupee was also making gold expensive in Nepal.
Gold also hit a new high of IRs 30,400 per 10 grams in India on Wednesday.
Gold price reaches all-time high at Rs 160,400 per tola