Gold Prices Plunge by Rs. 5,200 Per Tola; Silver Also Falls By Rs. 250

Gold prices have witneseed a sharp decline in the domestic market today, falling by Rs. 5200 per tola to settle at Rs. 278,300 per tola, down from the previous rate of Rs. 283,500 per tola.

The Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA) reported that Tejabi gold also dropped significantly by Rs. 5200 per tola to reach Rs.277,600 per tola, compared to Rs. 282,800 per tola on the previous day.

Similarly, silver prices move in the same direction, price falls by Rs. 250 per tola, bringing it to Rs.4,235 per tola from Rs. 4,485 per tola on the previous day.