Precious Metals Sliding; Gold Price Falls to Rs. 291,400, Silver at Rs. 4,780

Gold prices in the domestic market witnessed moderate fall today. According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the price of fine gold decreased by Rs. 2,600 per tola, reaching Rs. 291,400 per tola, down from Rs.294,000 per tola recorded in previous day. The precious metal had remained stable previous day. 

Similarly, Tejabi gold also recorded a moderate fall of Rs. 2,600 per tola, falling to Rs. 290,700 per tola, compared to Rs. 293,300 per tola a day earlier.

Furthermore, Silver prices also moved in the same direction and down by Rs. 50 bringing it to Rs. 4,780 per tola from Rs.4,830.