Gold Loses Rs. 1,700 Per Tola Today, Silver Trading at Rs. 1,780

The Nepali gold market has witnessed a significant drop, with the price of fine gold decreasing by Rs. 1,700 per tola.

According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), fine gold is now priced at Rs. 149,000 per tola, down from its previous rate of Rs. 150,700 per tola.

Similarly, the price of Tejabi gold has also declined by Rs. 1,700, now standing at Rs. 148,300 per tola, compared to the earlier rate of Rs. 150,000 per tola.

This notable decline comes after the all-time high recorded on October 31, 2024, when fine gold reached Rs. 171,000 per tola.

In addition to gold, silver prices have also seen a marginal drop of Rs. 55 per tola. The current price of silver is Rs. 1,780 per tola, compared to Rs. 1,835 the day before.