July 27: The price of gold in the Nepali market reached an all-time high on Monday (July 27).  The price of the precious yellow metal has been increasing steadily since the last few days.

According to the Federation of Nepalese Gold and Silver Dealers Association, the price of gold has increased overnight by Rs 1200 per tola (11 grams approximately).

The price of fine gold has reached Rs 97,500 per tola. The latest price hike is a new record in the price of gold in the country.

Likewise, the price of silver has also increased by Rs 55 per tola. Silver is being traded for Rs 1210 per tola with the increase in price.

The price of gold has also increased in the international market to reach an all-time high. The price of gold in the international market increased by 1 percent to reach 1920.9 dollors per ounce. The price of gold has been  increasing since the trade war between USA and China began last year.