Gold Loses Rs. 1,500 Per Tola Overnight; Silver Slips Back Rs. 35 Per Tola

Gold has lost Rs. 1,500 per tola in the local market today. This is a significant loss for the precious metal in a single day.

According to the official website of the Federation of Nepal Gold and Silver Dealers' Association, fine gold is being traded today at Rs. 93,400 per tola. Yesterday, the rate was maintained at Rs. 94,900 per tola. Meanwhile, Tejabi gold is being traded at Rs. 92,900. In contrast, the rate was maintained at Rs. 94,400 per tola.

On the sideline, silver has also lost Rs. 35 per tola today. The lustrous white metal is being traded in the local market today at Rs. 1,340 per tola, compared to its yesterday's rate of Rs. 1,375 per tola.