Gold, silver prices drop

KATHMANDU: Gold price in the local bullion market this week dropped by Rs 250 per 10 gram against the last week. Price of gold was Rs 15,725 on Sunday but closed at Rs 15,475 on Friday. The major international stock markets recorded a drop in share prices this week resulting in the fall of gold price in the international markets, too, according to Nepal Gold and Silver Dealers’ Association. The gold price in the international market dropped to $660 this week from $775 last Friday. Likewise, the price of silver also dropped to Rs 327.50 from Rs 336 per 10 gram on Sunday.