Demand for precious metals rises

Kathmandu-Nepal (Feb 19)  The dip in the dollar index and global uncertainty resulted in the price of precious metals to edge up in the week of February 12 to 17.

Looming elections in Europe and political uncertainty in the US are among developments that could shift investor sentiment, according to analysts. Adding to the threat is the potential impact of Britain’s exit from the European Union and a debt crisis in Greece. Such concerns have helped boost the demand for gold in the international market.

Source: TheHimalayan