Gold price reaches all time high

The gold price continued to upsurge on Monday, marking an increase of Rs 600 per tola, reaching highest levels in the Nepalese market. Monday’s surge has propelled fine gold to a staggering Rs 136,200 per tola, setting a new all-time high. The price of the yellow metal increased mainly due to the rise in international market price. On Sunday saw a remarkable spike in gold prices as well, with a substantial increase of Rs 2,900 per tola, culminating in a new record of Rs 135,600 per tola, according to the Federation of Nepal Gold and Silver Dealers Association. This record, however, was beaten on Monday as the market sustained its upward trajectory.