Gold and Silver Prices See Sharp Decline in Nepal Market
Gold dropped by Rs 2,800 per tola, while silver declined by Rs 105 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association.
Gold and silver prices witnessed a notable decline in the Nepali market on Sunday. Gold prices fell by Rs 2,800 per tola, while silver prices decreased by Rs 105 per tola.
According to the Federation of Nepal Gold and Silver Dealers’ Association, gold is being traded at Rs 290,900 per tola in the domestic market today. On Friday, gold was traded at Rs 293,700 per tola.
Similarly, silver is currently being traded at Rs 5,010 per tola, down from Rs 5,115 per tola recorded on Friday.
Market analysts attribute the decline in domestic precious metal prices to fluctuations in the international bullion market, which continues to influence local pricing trends.