Tuesday, June 23, 2009

Gold, Silver Prices in Fluctuation Mode

The domestic gold market continued to see fluctuations this week too.

Gold, that was traded for Rs 23,580 per 10 gram on Sunday, closed at Rs 23,665 per 10 gram on Friday. According to Nepal Gold and Silver Dealers’ Association (NEGOSIDA), due to variations in dollar, domestic market has also been affected. The cost of gold per ounce in the international market was $939 per fluctuation mode ounce on Sunday, which closed at $934 on Friday. Gold was traded for Rs 23,580 per 10 gram on Monday. However, Thursday saw the highest price of Rs 23,750 per 10 gram in the domestic market. Meanwhile, silver opened at Rs 377 per 10 gram on Sunday and was traded for the same amount on Monday. Silver got traded for Rs 375 on Thursday and closed at Rs 375 per 10 gram on Friday.

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