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Gold price drops by Rs 700 per tola

KATHMANDU, Nov 21: The price of gold in the Nepali market dropped by Rs 700 per tola on Sunday. Now, the price of the yellow metal in the domestic market has been fixed at Rs 93,700 per tola.

Gold was traded at Rs 94,400 per tola on Saturday. According to the Federation of Nepal Gold and Silver Dealers’ Association, Sunday’s price of standard gold is Rs 93,200 per tola, which was Rs 93,900 per tola on Saturday.

According to the Federation, silver price has decreased by Rs 15 per tola to Rs 1,260 per tola. The federation has been fixing the price of gold and silver in Nepal in line with the transaction price in the international market.

Similarly, gold is trading at around $ 1,846 per ounce in international markets today.

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