Gold price rebounds slightly after three-day slump
Summary
Gold price modestly rebounded in Kathmandu after a three-day slump, reaching Rs 290,300 per tola, while silver prices also edged up slightly.
Key Points
- Gold price increased by Rs 3,700 per tola on Tuesday to Rs 290,300 after three consecutive days of steep declines.
- Gold remains below its historic high of Rs 339,300 per tola recorded last Thursday.
- Silver price rose by Rs 135 per tola to Rs 5,335 after dropping sharply from a recent high of Rs 7,505 per tola.
- Market analysts cite international market fluctuations, profit-booking, and changing domestic demand as reasons for price volatility.
