Gold price increases by Rs 4, 900 per tola on Tuesday
The price of gold has increased by Rs 4, 900 per tola in the domestic market on Tuesday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 246, 400 per tola today. It was traded at Rs 241, 400 per tola on Monday.
Similarly, the silver is being traded at Rs 3, 170 per tola today.
Nepal rejects Malaysia’s labor standards
Nepal has sent an official diplomatic note stating that the 10-point labor standards sent by Malaysia are invalid.
The letter prepared by the Ministry of Labor, Employment and Social Security was sent to Malaysia through the Ministry of Foreign Affairs via the Nepali Embassy in Kuala Lumpur.
Concluding that the letter sent by Malaysia is an attempt to implement a syndicate system among manpower entrepreneurs, Nepal has made it clear that it is impossible to implement the standards.
According to the Nepal government, the standards are unacceptable as they affect equal opportunities, transparency and fair competition of foreign employment agencies registered in Nepal.
Malaysia had issued a 10-point criteria for the selection of manpower companies for Nepal, India, Bangladesh, Pakistan and Myanmar on Oct 27.
Nepse plunges by 4. 15 points on Monday
The Nepal Stock Exchange (NEPSE) plunged by 4. 15 points to close at 4, 561. 94 points on Monday.
Similarly, the sensitive index dropped by 1. 05 points to close at 444. 56 points.
A total of 8,647,889-unit shares of 327 companies were traded for Rs 4. 51 billion.
Meanwhile, Daramkhola Hydro Energy Limited (DHEL) was the top gainer today with its price surging by 9. 99 percent.
Likewise, Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB)was the top loser as its price fell by 10. 00 percent.
At the end of the day, the total market capitalization stood at Rs 1. 45 trillion.
Gold price increases by Rs 2, 900 per tola on Monday
The price of gold has increased by Rs 2, 900 per tola in the domestic market on Monday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 241, 500 per tola today.
Similarly, the silver is being traded at Rs 3, 065 per tola today.
