I would like to express my gratitude to the people who have helped me most. I am mostly grateful to my subject teacher (Mr. Prakash C. Bhattarai) for nonstop support. I wish to thank my parents for their personal support or attention who inspired me to go my own way.
A special thank of mine my friends who treasured me for my hard work and encouraged me and finally to God who made all the things possible for me till the end.
Executive summary
Gold is a chemical element with the symbol Au and atomic number 79. It is a dense, soft, malleable, and ductile metal with an attractive, bright yellow colour and luster that is maintained without tarnishing in air or water. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, solid under standard conditions.
Its pros are that it gives satisfaction to one, security and stability to peoples. Its cons are that the price of gold fluctuate a lot and it is not much used in Europe. In Nepal, gold is widely used and almost all people would wear it.
The types of gold can be divided on 3 basis. They are on basis of purity, colour and clarity. On the basis of purity there are 2 types. They are:1)Hallmark gold and 2)Tezabi gold. On basis of colour there are many types. But in Nepal there are only 2 types. They are:1)White gold and 2)Yellow gold. On the basis of karat there are 5 types. They are: 1)24K, 2)22K, 3)18K, 4)14K and 5)10k.
The current market of gold in Kathmandu is bad right now. The demand of gold has gone down. This is due to market rate fluctuation of gold price.
The challenges for the demand and supply of gold in Kathmandu valley is that the customers have decreased while gold shops have increased. The buying capacities of customers are decreasing day by day due to fluctuation of gold price. Every day we see a new price of gold in the newspaper.
A week after big neighbour India revised import duty on gold and silver, Nepal too