Gold, Silver Prices Extend Decline in Nepali Market
Gold fell by Rs 900 per tola and silver by Rs 55 per tola on Wednesday, continuing the downward trend in Nepal's bullion market.
Gold and silver prices continued their downward trend in the Nepali market on Wednesday (Asar 24), with both precious metals recording notable declines. According to the Federation of Nepal Gold and Silver Dealers' Association, the price of fine gold dropped by Rs 900 per tola to Rs 287,100, down from Rs 288,000 per tola on Tuesday. Silver also witnessed a decline of Rs 55 per tola, bringing its price down to Rs 4,500 from the previous day's Rs 4,555 per tola. The latest adjustment extends the recent streak of falling bullion prices in the domestic market, reflecting continued softness in precious metal trading.