Gold Drops By Rs. 1,200 in Single Day; Silver Follows suit with 30 Rupee Drop

The cost of fine gold has witnessed a decline of Rs. 1,200 per tola.

As per the latest update from the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the current trading price for fine gold is Rs. 1,16,500 per tola, marking a reduction of Rs. 1,200 from yesterday's closing rate of Rs. 1,17,700 per tola.

Similarly, Tejabi gold is available today at Rs. 1,15,950 per tola, reflecting a Rs. 1,200 decrease compared to yesterday's closing price of Rs. 1,17,150 per tola.

Moreover, the price of silver has observed a decline of Rs. 30 per tola, with the current market rate standing at Rs. 1,365 per tola, in contrast to yesterday's closing rate of Rs. 1,395 per tola.