Nepal Gold Price Skyrockets Amid International Rebound
The price of gold in Nepal has risen significantly over the past week, increasing by Rs 2,000 per tola (11.6638 grams) to reach a new high of Rs 303,100 per tola.
This surge is attributed to international gold prices rising by more than two percent last week, rebounding from a near six-week low.
Easing oil prices and a weaker US dollar have supported the rise in gold prices, according to a Reuters report.