Gold and silver prices recorded a decline in Nepal on Monday, reflecting the latest adjustment in the domestic bullion market.

According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the price of hallmark gold decreased by Rs 1,400 per tola, bringing the new rate to Rs 282,400 per tola. On the previous trading day, hallmark gold was traded at Rs 283,800 per tola.

Similarly, the price of silver dropped by Rs 15 per tola and is now being traded at Rs 4,310 per tola, compared to Rs 4,325 per tola on Sunday.

Domestic gold and silver prices fluctuate daily based on movements in the international bullion market, exchange rates, and local demand and supply conditions. Investors and jewelry buyers are advised to monitor price trends before making purchase decisions,