Kathmandu. The price of gold, which has been continuously increasing in recent times, has set a new record on Wednesday. For today, the price of gold has reached 1 lakh 2 thousand 900 rupees. Today the price of gold has reached the highest point of this year.

On the first day of the week, the price of gold increased by 300 rupees per tola to 1 lakh 1 thousand 700 rupees per tola and remained stable on Tuesday. Similarly, the price of gold rose by 900 rupees per tola on Tuesday. Today, on Wednesday, the gold price also increased by 300 rupees and reached 1 lakh 2 thousand 900 rupees per tola. yes

Similarly, the price of Tejavi gold, which was traded at 1 lakh 2 thousand 100 rupees per day on Tuesday, has been fixed at 1 lakh 2 thousand 400 rupees for today.

On the other hand, the price of silver has decreased today. Compared to Tuesday, the price of silver has decreased by 10 rupees to 1400 rupees per tola, according to the federation.

Manikaratna Shakya, President of Nepal Gold and Silver Traders Federation, says that the price of gold has increased in the international market due to various reasons such as the Russia-Ukraine conflict, the rise in the value of dollars and currencies of various countries, signs of economic recession, etc.

Businessmen understand that the price has increased because the reserve banks of rich countries around the world have increased their reserves by purchasing gold. Due to the economic recession going on in the world, people have started investing in gold as a safe investment, but due to the increased demand for gold in the world market, it is estimated by businessmen that the price will increase further.