Gold price continue downward trend, drops Rs 2,400 per tola
Published: 12:29 pm Nov 12, 2024
KATHMANDU, NOVEMBER 12
The price of gold fell further by Rs 2,400 per tola on Tuesday, continuing the recent decline in the precious metal in the domestic market. This decline follows a decrease of Rs 1,000 per tola on Monday and a reduction of Rs 500 per tola on Sunday.
Last week, gold prices experienced fluctuations, including an increase of Rs 2,000 per tola on Friday after a significant drop of Rs 4,000 per tola on Thursday.
According to the Federation of Nepal Gold and Silver Dealers' Association, the price of fine gold is currently set at Rs 162,600 per tola, down from Rs 165,000 per tola just a day earlier.
Furthermore, silver price have also continued its decline, with a drop of Rs 30 per tola. Silver, which was trading at Rs 1,955 per tola on Monday, is now available for Rs 1,925 per tola.