Gold Loses Rs. 400 Per Tola Today, Silver Trading at Rs. 1,875

Thu, Jan 23, 2025 10:41 AM on Latest, Economy, National,

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

As reported by the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), the price of fine gold now stands at Rs. 1,59,600 per tola, down from its previous value of Rs. 160,000 per tola.

Likewise, the price of Tejabi gold has fallen by Rs. 400, settling at Rs. 1,58,900 per tola from the earlier rate of Rs. 159,300 per tola.

This decrease follows the record high reached on October 31, 2024, when fine gold peaked at Rs. 171,000 per tola.

Additionally, silver prices have also dipped slightly, with a reduction of Rs. 20 per tola. Silver is now priced at Rs. 1,875 per tola, compared to Rs. 1,895 the previous day.