Gold and Silver Prices Decline in Nepali Market, Federation Reports

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The prices of gold and silver have decreased in the domestic market, according to the Federation of Nepal Gold and Silver Dealers’ Association. The price of gold dropped by Rs 3,300 per tola, settling at Rs 292,000, while silver declined by Rs 125 per tola, trading at Rs 4,960.

Gold was previously traded at Rs 295,300 per tola on Tuesday, and silver at Rs 5,085 per tola.
Over two trading days prior, gold prices had fallen by Rs 8,500 per tola.
International market prices for gold were reported at USD 4,678 per ounce and silver at USD 87 per ounce.
In the preceding days, gold prices had seen increases of Rs 800 per tola and silver by Rs 45 per tola.