Gold Prices Drop Sharply for Second Straight Day; Silver Also Declines

The fine gold market witnessed a notable decline for the second consecutive day, with prices falling by Rs. 7800 per tola.

According to the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently priced at Rs. 294,500 per tola, down from Rs. 302,300 per tola recorded in the previous session.

Similarly, Tejabi gold is being traded at Rs. 293,800 per tola, marking a drop of Rs. 7800 from yesterday’s rate of Rs. 301,600 per tola.

Meanwhile, silver prices have also declined by Rs. 115 per tola, now standing at Rs. 4,895 per tola compared to Rs. 5,010 per tola a day earlier.