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Gold rate still unstable, value increases to Rs 93,900 on Friday

Gold rate still unstable, value increases to Rs 93,900 on Friday

By THT Online

Gold bars are seen at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna, Austria, March 18, 2016. REUTERS/Leonhard Foeger/File Photo

KATHMANDU: After a heavy slide of Rs 1,200 on Thursday, gold price increased by Rs 800 today with which the precious metal's value was fixed at Rs 93,900 per tola in the domestic market on Friday. According to the Federation of Nepal Gold and Silver Dealers' Association, the value of standard gold is Rs 93,400 per tola. Similarly, the price of silver has been fixed at Rs 1,160 per tola, which Rs 40 more than yesterday's value. As per goldprice.org, gold price is USD 1,857 per ounce in the international market today.