Decrease in Gold Prices: Nepal's Market Update

The Federation of Nepal Gold and Silver Dealers' Association has reported a drop of Rs 700 per tola in the price of gold within the Nepalese market. The federation conveyed that this decrease occurred on the same day while finalizing today's price list.

Simultaneously, fine gold is maintaining a value of Rs. 111,300 per tola today, while tejabi gold is priced at Rs. 110,750 rupees. Comparatively, yesterday (Wednesday), fine gold was priced at Rs. 1 lakh 12 thousand per tola, and tejabi gold stood at 1 lakh 11 thousand 450 rupees.

For the fourth consecutive day, the price of gold has experienced a decline, dropping by Rs 700 per tola today. This follows reductions of 100 rupees on Monday, 300 rupees on Tuesday, and 100 rupees on Wednesday.

In a similar trend, the price of silver has also witnessed a decrease today. With a 10 rupee drop, the current price of silver is set at 1,380 rupees per tola. Comparatively, Wednesday saw a silver price of Rs 1,390 per tola, indicating a slight dip.