Gold Prices Drop by Rs. 2,500 per Tola in Domestic Market
Gold prices declined by Rs. 2,500 per tola in Nepal, with fine gold now priced at Rs. 283,500 per tola.
Gold prices in Nepal’s domestic market recorded a moderate decline on the latest trading day, reversing part of the previous session’s gains.
According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the price of fine gold fell by Rs. 2,500 per tola to Rs. 283,500 per tola. This marks a correction from the previous day’s rate of Rs. 286,000 per tola, when prices had surged by Rs. 5,000.
Similarly, Tejabi gold also witnessed a decline of Rs. 2,500 per tola, settling at Rs. 282,800 per tola compared to Rs. 285,300 per tola in the prior session.
Silver prices followed a similar trend, slipping by Rs. 20 per tola to Rs. 4,700 per tola from Rs. 4,720 per tola recorded a day earlier.
Market observers attribute the price adjustment to fluctuations in international bullion markets and short-term corrections following recent sharp gains. Despite the decline, gold prices remain elevated, reflecting ongoing global uncertainty and sustained investor demand for safe-haven assets.
The movement in precious metal prices continues to be closely monitored by both investors and consumers, particularly amid volatile global economic conditions.