Gold Loses Rs. 6,500 Per Tola In Last Five Days; Silver at Rs. 1,905

Thu, Nov 14, 2024 11:35 AM on Latest, Economy, National,

The fine gold market has witnessed a significant decline, with prices dropping by Rs. 2,200 per tola.

As per the latest update from the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), fine gold is currently priced at Rs. 1,60,000 per tola, down from the previous rate of Rs. 1,62,200 per tola.

Tejabi gold has also experienced a decline, now priced at Rs. 1,59,300 per tola, reflecting a drop of Rs. 2,200 from its earlier price of Rs. 1,61,500 per tola.

This decrease comes after a peak on October 31, 2024, when fine gold reached a record high of Rs. 171,000 per tola.

Additionally, silver prices have decreased by Rs. 35 per tola, with the current rate at Rs. 1,905 per tola, down from Rs. 1,940 the previous day.