Not only the prices of daily consumer goods but the prices of gold and silver also continued to rise during the general strike that is running in third consecutive week.
The price of gold set a new 25-year high record in the bullion market over the week, with its price ending at Rs 14,575 (US$ 201.31) per ten gram on Wednesday when the market closed. The bullion market was open for only four days until Wednesday because of the curfew clamped by the government during the last two working days -Thursday and Friday.
According to the weekly data of Nepal Gold and Silver Dealers Association (NGSDA), its price rose by Rs 425 per ten gram in total throughout the week.
The bullion market opened on Sunday, with price of gold at Rs 14,150 per ten gram. However, it continued to go up over the week. On Monday, gold price posted a growth of Rs 100 to reach Rs 14,250 per ten gram. The price again rose to Rs 14,500 on Tuesday.
The gold price increased by US$ 20 per troy ounce to US$ 623 on Wednesday, up from US$ 603 on Sunday.
Spurred by a rise in the international price of silver, the domestic price also saw a steep rise in the domestic market over the week, touching a 25-year record.
The weekly silver trading data demonstrates that the price of silver reached Rs 335 per ten gram on Wednesday, the last day for transactions this week from Rs 312 on Sunday when the market opened. nepalnews.com pb Apr 23 06