Fine gold drops Rs 2,900 per tola; silver down Rs 100
KATHMANDU, MARCH 26
Gold and silver prices fell in the domestic market on Thursday, a day after recording a sharp rebound.
According to the Federation of Nepal Gold and Silver Dealers' Association, fine gold is being traded at Rs 285,600 per tola, down from Rs 288,500 per tola on Wednesday-a decline of Rs 2,900 per tola.
The drop comes after gold had surged by Rs 14,600 per tola on Wednesday, reversing a prolonged downward trend seen in recent weeks.
Similarly, silver price also declined by Rs 100 per tola on Thursday. The metal is being traded at Rs 4,820 per tola, down from Rs 4,920 per tola a day earlier.
Silver had also witnessed a significant increase of Rs 415 per tola on Wednesday.