Gold and Silver Prices Continue to Decline in Nepalese Market
Gold and silver prices fell again in the domestic market, with hallmark gold dropping by Rs. 900 per tola and silver declining by Rs. 55 per tola.
Gold and silver prices continued their downward trend in Nepal's domestic market today, extending the recent decline in precious metal prices.
According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the price of hallmark gold has decreased by Rs. 900 per tola, bringing the new rate to Rs. 287,100 per tola.
Similarly, the price of silver has fallen by Rs. 55 per tola, with the precious metal now trading at Rs. 4,500 per tola.
Domestic gold and silver prices are adjusted daily based on movements in international bullion markets and fluctuations in foreign exchange rates.