Gold Drops By Rs. 2,000 in Three Days and Silver Follows suit with 35 Rupee Fall

Wed, Nov 1, 2023 11:00 AM on Latest, Economy, National,

The price of gold has lost Rs. 1,000 per tola today.

According to the official website of the Federation of Nepal Gold and Silver Dealers' Association, fine gold is being traded today at Rs. 1,15,000 per tola. Yesterday, the rate was maintained at Rs. 116,000 per tola. Meanwhile, Tejabi gold is being traded at Rs. 114,450 today. In contrast, the rate was maintained yesterday at Rs. 115,450 per tola.

Additionally, silver has experienced a decrease of Rs. 35 per tola, with the current market rate at Rs. 1,385 per tola, compared to yesterday's closing rate of Rs. 1,420 per tola.

In the international market, the current price of gold is USD $1,976.70, and silver is trading at $22.61 per ounce.