KATHMANDU, NOVEMBER 14
The gold price continued its decline on Thursday, plunging by Rs 2,200 per tola in the domestic market. This steady decline over the week has resulted in a total drop of Rs 6,500 per tola so far.
According to the Federation of Nepal Gold and Silver Dealers' Association, the current price of fine gold stands at Rs 160,000 per tola, down from Rs 162,200 per tola the previous day.
Gold saw a drop of Rs 400 per tola on Wednesday, Rs 2,400 per tola on Tuesday, Rs 1,000 per tola on Monday, and Rs 500 per tola on Sunday.
Last week also saw significant fluctuations, with prices declining by Rs 4,000 per tola on Thursday before bouncing back by Rs 2,000 per tola on Friday.
Similarly, the silver price has also fallen today, declining by Rs 35 per tola to Rs 1,905 per tola, down from Rs 1,940 per tola on Wednesday.