Gold and Silver Prices Fall for Third Straight Day in Nepal
Gold fell by Rs. 1,400 per tola and silver by Rs. 30 per tola, extending the decline in Nepal's bullion market for a third consecutive day.
Gold and silver prices in Nepal declined for the third consecutive trading day on Tuesday, according to the Federation of Nepal Gold and Silver Dealers' Association.
The price of hallmark gold dropped by Rs. 1,400 per tola to Rs. 288,000 per tola, compared to Rs. 289,400 per tola on Monday.
Similarly, the price of silver decreased by Rs. 30 per tola, bringing it down to Rs. 4,555 per tola, from Rs. 4,585 per tola a day earlier.
The domestic bullion market has witnessed a continuous downward trend over the past three trading sessions, reflecting movements in international precious metals markets and changing local demand conditions.