Gold price further soars to Rs. 60,200 per tola

Gold became dearer on Wednesday as the price recorded new record high of Rs. 60,200 per tola (11.644 gm) jumping from Rs. 60,000 per tola on Tuesday.

The price of the precious yellow metal has been in upward trend in the domestic market since couple of weeks following the price hike in the international market and growing buyer confidence in the local market.

As the investors are attracted towards gold as a safe and secure put their money, the gold price has been continuously spiraling up.

Gold was traded at Rs. 59,900 per tola on Sunday and Rs. 59,778 per tola on Monday. Nepalnews.com