Sharp reversal follows record surge
KATHMANDU, APRIL 23
The price of gold in the domestic market fell sharply by Rs 7,500 per tola on Wednesday, a day after it hit a record high of Rs 197,900 per tola.
With the decline, the price of fine gold now stands at Rs 190,400 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association. On Tuesday, the gold price had surged by Rs 6,900 per tola in a single day.
Silver also witnessed a slight drop in price. It is now being traded at Rs 1,965 per tola, down by Rs 5 from Tuesday's rate of Rs 1,970 per tola.
