Gold Prices Decline

The price of gold witnessed a significant drop on Tuesday, falling by Rs 500 per tola. According to the latest data from the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is now being traded at Rs 118,000 per tola, marking a noticeable decline from Monday’s rate of Rs 118,500 per tola.

In parallel, the market also saw a dip in the price of tejabi gold, which is currently being traded at Rs 117,450 per tola, down from Rs 117,950 per tola observed previously.

However, amidst the fluctuation in gold prices, the silver market remained relatively stable, with the price holding steady at Rs 1,390 per tola.