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Business gold and silver market Just In lockdown alternatives Nepal lockdown post-lockdown scenario

Nepal gold market resumes transactions after 2.5 months

Nepal gold market resumes transactions after 2.5 months

Kathmandu, June 7

The nation’s gold and silver market has resumed transactions after 2.5 months on Sunday. The market was shut since March 21, three days earlier than the nation went on lockdown to impose the coronavirus outbreak within the nation.

The lockdown continues to be on, however of late, the merchants have step by step begun to defy restrictions and transfer in direction of normalcy. In this regard, the Federation of Nepal Gold and Silver Dealers’ Association, the umbrella organisation of the nation’s jewellers, has determined to renew the market.

Meanwhile, the market has seen a surge within the costs of each metals. Gold has change into dearer by round Rs 10,000 per tola than it was earlier than the lockdown whereas silver by round Rs 200 per tola.

Published on June seventh, Sunday, 2020 1:45 PM

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