Gold price drops again

Thu, Jul 11, 2013 12:00 AM on Others, Others,

KATHMANDU, JULY 11:

Gold price has reached Rs 49,300 for a single tola (11.664 grams) as it plunged by Rs 550 per tola today. Yesterday, gold price was fixed at Rs 49,850. Current signs of improved global economic situation have contributed to the fall. Two weeks back, the price of gold had slipped to Rs 48,100 a tola — a two-year low in the domestic market.

Source: THT