Gold Price Drops by Rs 500 Per Tola in Domestic Market

The price of gold has decreased by Rs 500 per tola in Nepal’s domestic market on Friday. According to the Federation of Nepal Gold and Silver Dealers’ Association, the cost of hallmark gold, which was traded at Rs 151,900 per tola on Thursday, has been adjusted to Rs 151,400 per tola today.

A tola is equivalent to 11.66 grams.

In addition to the drop in gold prices, silver has also seen a decline. The price of silver has fallen by Rs 15 per tola, now trading at Rs 1,815 per tola, down from Rs 1,830 on Thursday.