Gold Price Drops Noticeably; Lost Rs. 900 Per Tola Today to Trade at Rs. 112,600, Silver Follows Suit

The price of gold has lost Rs. 900 per tola from yesterday's price.

According to the official website of the Federation of Nepal Gold and Silver Dealers' Association, fine gold is being traded today at Rs. 112,600 per tola. Yesterday, the rate was maintained at Rs. 113,500 per tola. Meanwhile, Tejabi gold is being traded at Rs. 112,050 today. In contrast, the rate was maintained yesterday at Rs. 112,950 per tola.

On the sideline, silver has lost Rs. 40 per tola. The lustrous white metal is being traded in the local market today at Rs. 1,450 per tola, compared to yesterday's closing rate of Rs. 1,490 per tola.

The current price of gold in USD is $1,951.10 per ounce while silver is trading at $24.19 per ounce in the international market.