KATHMANDU, NOVEMBER 13
The price of gold continued its downward trend today, dropping by Rs 400 per tola in the domestic market. This brings the total decline to Rs 3,800 per tola so far this week.
On Tuesday, the price of gold fell sharply by Rs 2,400 per tola, extending the recent slide in the market. This followed a decrease of Rs 1,000 per tola on Monday and a reduction of Rs 500 per tola on Sunday.
Last week, gold prices also saw significant fluctuations. Notably, prices surged by Rs 2,000 per tola on Friday, following a sharp drop of Rs 4,000 per tola on Thursday.
According to the Federation of Nepal Gold and Silver Dealers' Association, the current price of fine gold stands at Rs 162,200 per tola, down from Rs 162,600 per tola the previous day.
In contrast, the price of silver saw an uptick today, increasing by Rs 15 per tola. Silver, which was priced at Rs 1,925 per tola on Monday, is now trading at Rs 1,945 per tola.
