Gold shines to hit record high of Rs 169, 600 per tola
Gold price has set a new record in the domestic market today.
According to the Nepal Gold and Silver Dealers’ Association, the price of precious yellow metal has increased by Rs 1, 400 per tola and is being traded at Rs 169, 600 per tola. It was traded at Rs 168, 200 per tola on Sunday.
Likewise, the silver is being traded at Rs 1, 975 per tola.
Nepse plunges by 11. 49 points on Sunday
The Nepal Stock Exchange (NEPSE) plunged by 11. 49 points to close at 2, 688. 31 points on Thursday.
Similarly, the sensitive index dropped by 2. 25 points to close at 452. 21 points.
A total of 15,855,610-unit shares of 305 companies were traded for Rs 8. 39 billion.
Meanwhile, Central Finance Co. Ltd. (CFCL) and Guardian Micro Life Insurance Limited (GMLI) with their price surging by 10. 00 percent.
Likewise, Saptakoshi Development Bank Ltd (SAPDBL) was the top loser as its price fell by 6. 52 percent.
At the end of the day, the total market capitalization stood at Rs 4. 46 trillion.
Gold price increases by Rs 100 per tola on Sunday
The price of gold has increased by Rs 100 per tola in the domestic market on Sunday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 168, 200 per tola today. It was traded at Rs 168, 100 per tola on Friday.
The price of silver, however, has decreased by Rs 15 and is being traded at Rs 1, 960 per tola today.
Country receives Rs 763 billion in remittances in six months: Finance Ministry
The country has received Rs 763.08 billion in remittance in the first six months of the current fiscal year.
Releasing the mid-term review report of the current fiscal year on Thursday, the Ministry of Finance stated that remittance inflows increased 4.1 percent in the review period compared to the same period of the last year. However, the remittance inflows had increased 22.2 percent in the same period of the last year.
Likewise, net secondary income, also known as net transfer, reached Rs 832.76 billion in the review period by increasing 4.2 percent, while the net transfer had increased 21.1 percent in the same period of the last year.
According to the Ministry, the number of Nepalis taking first-time approval for foreign employment stands at 230,439 with an increase of 11.7 percent and those for renew entry stands at 162,628 increasing 21.4 percent in the review period compared to the same period of the last fiscal year.
The Ministry shared that the balance of payment in the review period remained at a surplus of Rs 249.26 billion while the balance of payment was at a surplus of Rs 273.52 billion in the same period of the last fiscal year.
