Gold price increases by Rs 3,000 per tola on Sunday

The price of gold has increased by Rs 3,000 per tola (11.66 grams) today as compared to Friday.

Gold is being traded at Rs 238,000 per tola today against 235,000 on Friday, according to the Federation of Gold and Silver Dealers' Association.

Similarly, the Federation has fixed the price of silver at Rs 3,125 per tola. It was traded at Rs 3,085 on Friday.

Gold is being traded at USD 4,016 per ounce in the international market today.

Humla receives large number of international tourists

Humla received a large number of Indian pilgrims visiting Kailash, a holy religious shrine for Hindu devotees. Generally, Indian tourists make their journey to Kailash and Mansarovar in China's Tibet through Hilsa in Humla. 

This year's season for the Kailash journey for pilgrims is over with the dip in temperature.

Hotelier Mim Lama said that the hotels in the Hilsa area made good income in this season, thanks to the rising number of tourists here. Each hotel earned more than a million Nepali rupees; Lama shared.

Nearly 6,500 foreign tourists have arrived in Humla district since the Hilsa border opened in May.

Deputy Superintendent of Police (DSP) of Humla Shankar Pokharel said that almost 6,000 Indian pilgrims travelled through the district from Nepalgunj to visit Kailash. "Tourists from other countries too have arrived here," DSP Pokharel said.

This route is comparatively shorter for Indians and other nationals to visit Kailash Mansarovar.

Officials shared that the number of pilgrims to use this route has increased sharply after the end of COVID-19.

The Simkot and Namkha Rural Municipalities also charge a levy on foreigners for their entry in the district.

Officials shared that an Indian should pay Rs 1,100 and other nationals should pay Rs 1,500 for their entry into the district.

 

Gold price drops by Rs 4, 200 per tola on Friday

The price of gold has dropped by Rs 4, 200 per tola in the domestic market on Friday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 235, 100 per tola today. It was traded at Rs 239, 200 per tola on Thursday.

Similarly, the price of silver has increased by Rs 130 per tola and is being traded at Rs 3, 085 per tola.

 

Nepse surges by 22. 59 points on Thursday

The Nepal Stock Exchange (NEPSE) gained 22. 59 points to close at 2, 582. 18 points on Thursday.

Similarly, the sensitive index surged by 4. 84 points to close at 451. 31 points.

A total of 11,830,077-unit shares of 313 companies were traded for Rs 5. 27 billion.

Meanwhile, Bindhyabasini Hydropower Development Company Limited (BHDC)

was the top gainer today, with its price surging by 8. 21 percent. 

Likewise, Three Star Hydropower Limited (TSHL) was the top loser as its price fell by 

4. 30 percent.

At the end of the day, total market capitalization stood at Rs 1. 46 trillion.