In pictures: Gold purchases surge following price decline

Kathmandu, November 26 — The drop in gold prices has triggered a buying frenzy.

The price of gold in the Nepali market has fallen sharply after the government reduced the customs rate.

After the sharp drop in the price of gold, there is a rush to buy gold at jewelry stores in New Road, Kathmandu.

According to the decision of the Council of Ministers meeting held on November 21, the customs rate of gold and silver was fixed at 10 percent.

The new customs rate came into effect from Monday.

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