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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
<div>
Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price. He opines that the sale of silver has increased because of the decrease in price. “Last year the price of silver during Tihar was Rs 1300 per kg whereas it decreased to Rs 925 this year,” he added. “Gold trade did not increase significantly during tihar,” Shakya said. He said that the sale of gold decreased following hike in the prices. Shakya said that around 500 kg of silver was sold only on the day of Kaag Tihar. Buying silver on that day is believed to bring prosperity to the family. The silver bought on that day is worshipped on the day of Laxmi Puja and the gold is bought to present to sisters.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
<div>
</div>
<div>
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
<div>
Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price. He opines that the sale of silver has increased because of the decrease in price. “Last year the price of silver during Tihar was Rs 1300 per kg whereas it decreased to Rs 925 this year,” he added. “Gold trade did not increase significantly during tihar,” Shakya said. He said that the sale of gold decreased following hike in the prices. Shakya said that around 500 kg of silver was sold only on the day of Kaag Tihar. Buying silver on that day is believed to bring prosperity to the family. The silver bought on that day is worshipped on the day of Laxmi Puja and the gold is bought to present to sisters.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
<div>
</div>
<div>
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
<div>
Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price. He opines that the sale of silver has increased because of the decrease in price. “Last year the price of silver during Tihar was Rs 1300 per kg whereas it decreased to Rs 925 this year,” he added. “Gold trade did not increase significantly during tihar,” Shakya said. He said that the sale of gold decreased following hike in the prices. Shakya said that around 500 kg of silver was sold only on the day of Kaag Tihar. Buying silver on that day is believed to bring prosperity to the family. The silver bought on that day is worshipped on the day of Laxmi Puja and the gold is bought to present to sisters.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
<div>
</div>
<div>
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
<div>
Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price. He opines that the sale of silver has increased because of the decrease in price. “Last year the price of silver during Tihar was Rs 1300 per kg whereas it decreased to Rs 925 this year,” he added. “Gold trade did not increase significantly during tihar,” Shakya said. He said that the sale of gold decreased following hike in the prices. Shakya said that around 500 kg of silver was sold only on the day of Kaag Tihar. Buying silver on that day is believed to bring prosperity to the family. The silver bought on that day is worshipped on the day of Laxmi Puja and the gold is bought to present to sisters.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
<div>
</div>
<div>
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
<div>
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<div>
</div>
<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
<div>
</div>
<div>
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
<div>
Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price. He opines that the sale of silver has increased because of the decrease in price. “Last year the price of silver during Tihar was Rs 1300 per kg whereas it decreased to Rs 925 this year,” he added. “Gold trade did not increase significantly during tihar,” Shakya said. He said that the sale of gold decreased following hike in the prices. Shakya said that around 500 kg of silver was sold only on the day of Kaag Tihar. Buying silver on that day is believed to bring prosperity to the family. The silver bought on that day is worshipped on the day of Laxmi Puja and the gold is bought to present to sisters.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
<div>
</div>
<div>
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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'description' => 'Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price.',
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Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price. He opines that the sale of silver has increased because of the decrease in price. “Last year the price of silver during Tihar was Rs 1300 per kg whereas it decreased to Rs 925 this year,” he added. “Gold trade did not increase significantly during tihar,” Shakya said. He said that the sale of gold decreased following hike in the prices. Shakya said that around 500 kg of silver was sold only on the day of Kaag Tihar. Buying silver on that day is believed to bring prosperity to the family. The silver bought on that day is worshipped on the day of Laxmi Puja and the gold is bought to present to sisters.
Govt Hikes Duty on Gold
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.
Jewellery Shop at Gongabu Robbed
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.
Federation Requests Government to Explore Mines
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.
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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
<div>
Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price. He opines that the sale of silver has increased because of the decrease in price. “Last year the price of silver during Tihar was Rs 1300 per kg whereas it decreased to Rs 925 this year,” he added. “Gold trade did not increase significantly during tihar,” Shakya said. He said that the sale of gold decreased following hike in the prices. Shakya said that around 500 kg of silver was sold only on the day of Kaag Tihar. Buying silver on that day is believed to bring prosperity to the family. The silver bought on that day is worshipped on the day of Laxmi Puja and the gold is bought to present to sisters.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
<div>
</div>
<div>
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
<div>
Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price. He opines that the sale of silver has increased because of the decrease in price. “Last year the price of silver during Tihar was Rs 1300 per kg whereas it decreased to Rs 925 this year,” he added. “Gold trade did not increase significantly during tihar,” Shakya said. He said that the sale of gold decreased following hike in the prices. Shakya said that around 500 kg of silver was sold only on the day of Kaag Tihar. Buying silver on that day is believed to bring prosperity to the family. The silver bought on that day is worshipped on the day of Laxmi Puja and the gold is bought to present to sisters.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
<div>
</div>
<div>
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
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Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price. He opines that the sale of silver has increased because of the decrease in price. “Last year the price of silver during Tihar was Rs 1300 per kg whereas it decreased to Rs 925 this year,” he added. “Gold trade did not increase significantly during tihar,” Shakya said. He said that the sale of gold decreased following hike in the prices. Shakya said that around 500 kg of silver was sold only on the day of Kaag Tihar. Buying silver on that day is believed to bring prosperity to the family. The silver bought on that day is worshipped on the day of Laxmi Puja and the gold is bought to present to sisters.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
<div>
</div>
<div>
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
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Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price. He opines that the sale of silver has increased because of the decrease in price. “Last year the price of silver during Tihar was Rs 1300 per kg whereas it decreased to Rs 925 this year,” he added. “Gold trade did not increase significantly during tihar,” Shakya said. He said that the sale of gold decreased following hike in the prices. Shakya said that around 500 kg of silver was sold only on the day of Kaag Tihar. Buying silver on that day is believed to bring prosperity to the family. The silver bought on that day is worshipped on the day of Laxmi Puja and the gold is bought to present to sisters.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
<div>
</div>
<div>
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
<div>
Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price. He opines that the sale of silver has increased because of the decrease in price. “Last year the price of silver during Tihar was Rs 1300 per kg whereas it decreased to Rs 925 this year,” he added. “Gold trade did not increase significantly during tihar,” Shakya said. He said that the sale of gold decreased following hike in the prices. Shakya said that around 500 kg of silver was sold only on the day of Kaag Tihar. Buying silver on that day is believed to bring prosperity to the family. The silver bought on that day is worshipped on the day of Laxmi Puja and the gold is bought to present to sisters.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
<div>
</div>
<div>
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
<div>
Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price. He opines that the sale of silver has increased because of the decrease in price. “Last year the price of silver during Tihar was Rs 1300 per kg whereas it decreased to Rs 925 this year,” he added. “Gold trade did not increase significantly during tihar,” Shakya said. He said that the sale of gold decreased following hike in the prices. Shakya said that around 500 kg of silver was sold only on the day of Kaag Tihar. Buying silver on that day is believed to bring prosperity to the family. The silver bought on that day is worshipped on the day of Laxmi Puja and the gold is bought to present to sisters.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
<div>
</div>
<div>
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
<div>
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<div>
</div>
<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
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But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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'description' => 'Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price.',
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<span style="font-size:14px;"><strong>Gold & Silver Market Booms in Tihar</strong></span></div>
<div>
Gold and silver of around Rs 2.25 billion was traded during the festival of colours. According to Nepal Gold and Silver Dealers’ Association, around 450 kg of gold was sold before some weeks of Tihar which increased to the sale of 3000 kg of silver during the festival. Tej Ratna Shakya, Former President of Federation of Nepal Gold and Silver Dealears’ Association (FENEGOSIDA) said that though the price of silver has decreased by 15 percent, the sale of silver has increased overshadowing the decrease in price. He opines that the sale of silver has increased because of the decrease in price. “Last year the price of silver during Tihar was Rs 1300 per kg whereas it decreased to Rs 925 this year,” he added. “Gold trade did not increase significantly during tihar,” Shakya said. He said that the sale of gold decreased following hike in the prices. Shakya said that around 500 kg of silver was sold only on the day of Kaag Tihar. Buying silver on that day is believed to bring prosperity to the family. The silver bought on that day is worshipped on the day of Laxmi Puja and the gold is bought to present to sisters.</div>
<div>
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<div>
<span style="font-size:14px;"><strong>Govt Hikes Duty on Gold</strong></span></div>
<div>
The government has raised the customs duty on gold imports by Rs 1,600 per 10 gm to Rs 5,200 from the previous Rs 3,600 rate. The increment is by Rs 1,900 per tola (11.664 gm). A recent cabinet meeting decided to increase customs duty on the yellow metal. Gold dealers and entrepreneurs have been urging the government to do so, for a long time now. “The customs duty has been revised to control illegal supply of gold to India from Nepal.” said Finance Secretary Shanta Raj Subedi. India had raised the customs duty to Rs 4,480 per 10 gm on gold earlier in August.</div>
<div>
</div>
<div>
But gold dealers seem to be unaware about the decision. “We have not received any official information regarding the increment of the customs duty,” said Tej Ratna Shakya, former president of FENEGOSIDA. “The prices of gold and silver are still fixed at old rate.” However, the association had been suggesting the government to increase the rate to at least Rs 4,500 to Rs 5,000 per 10 gm. “India had increased the rate last month. Hence, we have been advising the government to revise rate to adjust price with India’s rate to discourage illegal gold trade.” said Shakya.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Jewellery Shop at Gongabu Robbed</strong></span></div>
<div>
Gold and silver ornaments worth around Rs. 3,75,000 were stolen from the Smarika Jewellery Shop in Gangabu recently. Police said that unidentified thieves stole five tolas of gold ornaments and 100 tolas of silver ornaments from the jewellery shop owned by Balram Gahatraj at around 7:15 am.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Federation Requests Government to Explore Mines </strong></span></div>
<div>
Officials of FENEGOSIDA have requested the government to study the possibility of discovering gold and silver deposits in the country so as to reduce import of precious metals. “The government should take the issue seriously. We are ready to work with the government for gold, silver and precious stones mining. Tej Ratna Shakya, Former President of FENEGOSIDA lamented that no serious study has been done to identify gold and silver mines in the country.</div>',
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