Gold and silver prices in the Nepali market witnessed a slight decline on Monday, according to the Federation of Nepal Gold and Silver Dealers' Association.

The price of gold decreased by Rs. 400 per tola, reaching Rs. 296,700, compared to Rs. 297,100 on the previous trading day.

Despite the daily drop, gold prices have increased by Rs. 5,300 over the past week. Last Monday, gold was traded at Rs. 291,400 per tola, indicating a strong upward weekly trend.

Similarly, silver prices also declined by Rs. 75 per tola. Silver, which was traded at Rs. 4,975 per tola the previous day, dropped to Rs. 4,900 today. A week ago, silver was priced at Rs. 4,780 per tola.