Price Plunge: Gold Loses Rs. 1,300 Overnight

The price of gold had lost Rs. 1,300 per tola today.

According to the official website of the Federation of Nepal Gold and Silver Dealers' Association, the current price of fine gold stands at Rs. 1,20,700 per tola. Yesterday, it was holding steady at Rs. 1,22,000 per tola. Meanwhile, Tejabi gold is being traded today at Rs. 1,20,100, experiencing a decrease of Rs. 1,300 per tola. Yesterday, it maintained the price of Rs. 1,21,400 per tola.

Just a day before, on December 28, 2023, fine gold had reached a historic high of Rs. 1,22,000 per tola, and Tejabi gold had surged to Rs. 1,21,400, setting a record at that time.

Additionally, silver has experienced a decrease of Rs. 35 per tola, with the current market rate at Rs. 1,455 per tola, compared to yesterday's closing rate of Rs. 1,490 per tola.