KATHMANDU, FEBRUARY 5

Gold and silver prices witnessed a slight decline in the domestic market on Thursday, retreating from Wednesday's sharp rebound.

According to the Federation of Nepal Gold and Silver Dealers' Association, fine gold is being traded at Rs 295,200 per tola today, down from Rs 304,700 per tola on Wednesday. Similarly, silver has dropped to Rs 4,980 per tola, compared to Rs 5,600 per tola a day earlier.

On Tuesday, fine gold was traded at Rs 290,300 per tola, while silver stood at Rs 5,335 per tola, while, the gold was traded at rs 304,700 per tola and silver at 5,600 per tola on Wednesday, reflecting continued volatility in the bullion market.

In the international market, gold was trading at USD 5,078 per ounce, while silver was priced at USD 90 per ounce, according to international media reports.