Gold Prices Take a Dip: Fine Gold Drops by Rs. 1,000 Per Tola in Two Days, Silver Gain Rs. 10

The price of gold has decreased by 500 rupees per tola today.

According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA) today, fine gold is being traded at Rs.1,16,000 per tola and Tejabi gold can be acquired today at Rs.1,15,450 per tola.

Comparatively, on Monday, fine gold was priced at Rs. 1 lakh Sixteen thousand Five Hundred per tola, and Tejabi gold stood at 1 lakh Fifteen thousand Nine Hundred and Fifty rupees per tola.

Just on 29th October 2023, gold prices had soared to historic levels with fine gold commanding a price of Rs. 1,17,000 per tola and tejabi gold being traded at Rs. 1,16,450 per tola.

Similarly, the price of silver has witnessed an increase today. With a 10 rupee gain, the current price of silver is set at 1,420 rupees per tola. Comparatively, Monday saw a silver price of Rs 1,410 per tola.

In the global market, the current rate of gold is USD $1,994.20, and silver is trading at $23.11 per ounce.