Gold Drops By Rs. 1,300 in Single Day; Silver Follows suit with 30 Rupee Drop

Thu, Jan 4, 2024 11:51 AM on Latest, Economy, National,

The value of fine gold experienced a decline of Rs. 1,300 per tola today.

As per the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the current trading rate for fine gold stands at Rs. 1,19,500 per tola, marking a decrease of Rs. 1,300 from Wednesday's trading price of Rs. 1,20,800 per tola.

Similarly, Tejabi gold is available today at Rs. 1,18,950 per tola, showing a decrease of Rs. 1,250 from Wednesday's price of Rs. 1,20,200 per tola.

Additionally, silver has experienced a decrease of Rs. 30 per tola, with the current market rate at Rs. 1,420 per tola, compared to yesterday's closing rate of Rs. 1,450 per tola.