Kathmandu, May 31
The jewellery market in Nepal has seen another record-level gold price on Wednesday.
As of the market price set by the Federation of Nepal Gold and Silver Dealers’ Associations, a tola of the fine precious yellow metal (24 carats) costs Rs 112,000.
This is the highest rate at which the yellow metal has been traded in the country, according to the federation.
This per-tola gold price set for today is Rs 1,500 more than that of Tuesday.
The gold and silver prices in Nepal are determined by a variety of factors, including international market forces and local conditions.
Here are a few key factors that influence the prices.