Gold price drops by 8, 500 per tola on Sunday
The price of gold has dropped by Rs 8, 500 per tola in the domestic market on Sunday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 294, 00 per tola today. It was traded at Rs 298, 500 per tola on Friday.
Similarly, the silver is being traded at Rs 5, 600 per tola.
Nepse surges by 1. 77 points on Friday
The Nepal Stock Exchange (NEPSE) surged by 1. 77 points to close at 2, 731. 94 points on Friday.
Similarly, the sensitive index dropped by 0. 34 points to close at 467. 55 points.
A total of 7,934,444-unit shares of 338 companies were traded for Rs 1. 55 billion.
Meanwhile, 7% Nabil Debenture 2089 (NABILD2089) was the top gainer today with its price surging by 7. 71 percent.
Similarly, Union Hydropower Limited (UNHPL) was the top loser as its price fell by 14. 71 points.
At the end of the day, the total market capitalization stood at Rs 4. 65 trillion.
Gold price drops by Rs 4, 000 per tola on Friday
The price of gold has dropped by Rs 4, 000 per tola in the domestic market on Friday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 298, 500 per tola today. It was traded at Rs 302, 500 per tola on Thursday.
Similarly, the price of silver has dropped by Rs 355 per tola and is being traded at Rs 5, 390 per tola.
Nepal and Thailand agree to deepen bilateral cooperation in trade, investment, tourism
Ambassador of Nepal to Thailand Dhan Bahadur Oli on Thursday had a meeting with Urasa Mongkolnavin, Director-General of the Department of South Asian, Middle East and African Affairs, Ministry of Foreign Affairs of Thailand.
During the meeting, they discussed various ways to further deepen bilateral cooperation in areas of mutual interest, particularly trade, investment, tourism, culture, agriculture, and education.
In a press release, the Embassy stated that the two sides also briefly reviewed the implementation status of the eight Memoranda of Understanding (MoUs) concluded between Nepal and Thailand last year and insisted on the effective implementation of these MoUs.
It is mentioned that both sides underscored the importance of facilitating visa procedures and improving tourism-related services on a reciprocal basis and agreed to strengthen cooperation in exchanging intelligence and information to combat human trafficking, money laundering and cybercrime.
They also discussed the possibility of early conclusion of the proposed bilateral agreements on Agricultural Cooperation and Mutual Legal Assistance in criminal matters, including the exchange of feedback on the draft agreements.
The Embassy stated that discussions were held on convening of the next meeting of the Nepal-Thailand Joint Consultative Mechanism in Nepal on a mutually convenient date.
According to the Embassy, the two sides reaffirmed their commitment to enhancing cooperation at the regional and multilateral levels, including extending reciprocal support for each other's candidatures in international forums.
The other areas of discussion at the meeting included enhancing complementarities in bilateral trade, strengthening value chains between Nepali and Thai products, and creating added value through the integration of Himalayan and ocean-based goods and services.
