Gold Drops By Rs. 3,000 in Single Day; Silver Follows Suit With 125 Rupee Drop

The domestic fine gold market recorded a notable decline on Monday, with prices falling by Rs. 3,000 per tola.

According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is currently being traded at Rs. 302,800 per tola, down from the previous rate of Rs.305,800 per tola.

Likewise, Tejabi gold has dropped to Rs. 302,100 per tola, marking a decrease of Rs. 3000 from Friday’s price of Rs. 3,05,100 per tola.

Meanwhile, silver prices also declined by Rs. 125 per tola, with the metal now trading at Rs. 4,860 per tola, compared to Rs. 4,985 per tola the previous day.