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Saturday, May 1, 2010

Gold price falls

KATHMANDU, DEC 11 - With the wedding month about to end, the price of gold has started falling after reaching a record high. Last Thursday, gold was traded at Rs 34,450 per tola, the price today fell to Rs 32,150 per tola.

Chairman of Nepal Gold and Silver Dealers’ Association said the gold price started falling as the US dollar started getting stabilized in the international market.

Shakya said, the price had gone up earlier this months partially because of the wedding season. End of the season also contributed to the fall in price, he said.

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