Gold Price Plunges by Rs. 8,300 Per Tola; Silver Also Sees Sharp Decline
Nepal’s gold and silver prices recorded a significant decline on Sunday, with gold dropping by Rs. 8,300 per tola and silver falling by Rs. 175 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association.
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The price of gold in the Nepali market witnessed a sharp drop of Rs. 8,300 per tola on Sunday, Kartik 15, bringing the price down to Rs. 272,000 per tola. Gold was traded at Rs. 280,300 per tola on the previous trading day, Friday. Similarly, silver prices also declined by Rs. 175 per tola. Following the decrease, silver is now being traded at Rs. 3,650 per tola, compared to Rs. 3,825 per tola on Friday. The latest price adjustment reflects a substantial decline in both precious metals in the domestic market.