Gold Loses Rs. 400 Per Tola Today, Silver Trading at Rs. 1,840

Sun, Dec 1, 2024 11:24 AM on Latest, Economy, National,

The Nepali gold market has experienced a notable decline, with the price of fine gold falling by Rs. 400 per tola.

As reported by the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), fine gold is now priced at Rs. 150,500 per tola, a decrease from the previous rate of Rs. 150,900 per tola.

Similarly, the price of Tejabi gold has also dropped by Rs. 400, now standing at Rs. 149,800 per tola, compared to the previous rate of Rs. 150,200 per tola.

This significant drop follows a record high on October 31, 2024, when fine gold reached Rs. 171,000 per tola.

Alongside gold, silver prices have also seen a minor decrease, falling by Rs. 5 per tola. The current price of silver is Rs. 1,840 per tola, down from Rs. 1,845 the day before.