Price of Gold Fallen By Rs. 700 Per Tola in Nepalese Market Today; Silver Remains Constant

Tue, Dec 12, 2023 12:10 PM on Latest, Economy, National,

The gold prices experienced a significant downturn, plummeting by Rs. 2500 per tola in just three days.

As per the official website of the Federation of Nepal Gold and Silver Dealers' Association, the present value of fine gold stands at Rs. 1,16,300 per tola. Yesterday, it was positioned at Rs. 1,17,000 per tola. Tejabi gold is currently being exchanged at Rs. 1,15,750 per tola, indicating a substantial decrease of Rs. 700 compared to it's previous price of Rs. 1,16,450 per tola.

Meanwhile, the price of silver remains stable at Rs. 1,410 per tola.

In the global market, the current gold price is USD 1,987.80, and silver is trading at $22.98 per ounce.