Gold Drops By Rs. 800 Per Tola to Trade at Rs. 111,000; Silver Down by Rs. 25

The price of gold has lost Rs. 800 per tola in the domestic market today

According to the official website of the Federation of Nepal Gold and Silver Dealers' Association, fine gold is being traded today at Rs. 111,000 per tola. Yesterday, the rate was maintained at Rs. 111,800 per tola. Meanwhile, Tejabi gold is being traded at Rs. 110,450 today. In contrast, the rate was maintained yesterday at Rs. 111,250 per tola.

On the sideline, silver has also lost Rs. 25 per tola. The lustrous white metal is being traded in the local market today at Rs. 1,405 per tola, compared to yesterday's closing rate of Rs. 1,425 per tola.

The current rate of gold in the international market is USD $1,931.30 while silver is being traded at $23.33 per ounce.