Business

Gold price rebounds by Rs 700 per tola

By THT Online

File Photo - Gold jewelleries.

KATHMANDU, JANUARY 16 Gold price rebounded in the domestic market on Friday, rising by Rs 700 per tola a day after a decline. According to the Federation of Nepal Gold and Silver Dealers' Association, fine gold is being traded at Rs 277,200 per tola on Friday, up from Rs 276,500 per tola on Thursday. Silver price also recorded a sharp increase. The precious metal rose by Rs 160 per tola to reach Rs 5,645 per tola, compared to Rs 5,485 per tola a day earlier, the federation said.