Gold Price Drops by Rs 1,200 Per Tola

The price of gold in the domestic market has dropped by Rs 1,200 per tola (11.66 grams) today. According to the Federation of Nepal Gold and Silver Dealers’ Association, gold is being traded at Rs 153,000 per tola, down from Rs 154,200 on Thursday.

Similarly, the price of silver has also decreased. The Federation has set the price of silver at Rs 1,860 per tola today, compared to Rs 1,925 per tola on Thursday.

The fluctuation in the prices of precious metals is attributed to changes in the international market, which influence local trading rates.