Gold Prices Witness a Dip of Rs 200 per Tola

The price of gold in the Nepali market experienced a decline of Rs 200 per tola today, as reported by the Nepal Gold and Silver Dealers’ Association. The Association set the price of fine gold at Rs 118,300 per tola, while standard gold is now traded at Rs 117,750 per tola.

Just a day ago, on Wednesday, the precious yellow metal was valued at Rs 118,500 per tola for fine gold and Rs 117,950 per tola for standard gold. This recent decrease in gold prices is attributed to fluctuations in the international market rates.

The Nepal Gold and Silver Dealers’ Association consistently monitors global market trends and adjusts domestic prices accordingly. The Federation’s decision to decrease the gold rates reflects the changing dynamics of the precious metal’s value on a day-to-day basis.

In addition to the gold price adjustment, the price of silver also underwent changes, with the current rate set at Rs 1,410 per tola.