Gold price hits all-time high at Rs 160,400 per tola

Kathmandu: Price of gold has reached once again an all-time high in the domestic market today.

According to the Federation of Gold and Silver Dealers' Association (FENEGOSIDA), the price of Fine gold has been fixed at Rs 160,400 per tola (11.66 grams). This surpasses the previous high of Rs 159,700 per tola recorded on September 24. 

Similarly, the price of silver also incraes by Rs 40 per tola on Wednesday compared to Tuesday, and is currently trading at Rs 1,955 per tola. Due to the increase in the price of precious metal in the international market, it has also affected the Nepali Market.