Gold, Silver Prices Drop Sharply in Nepal

Gold and silver prices both declined in the Nepali market on Wednesday, Bhadra 3. According to the Federation of Nepal Gold and Silver Dealers’ Association, gold is being traded at Rs. 304,100 per tola, down Rs. 2,700 from Rs. 306,800 per tola on Tuesday. Similarly, the price of silver has dropped by Rs. 160 per tola to Rs. 4,595, compared to Rs. 4,755 per tola recorded on Tuesday. The decline in both precious metals comes as the domestic bullion market records a notable drop in prices.