Gold Slips Rs. 2,800 From All Time High to Trade at Rs 168,200 Per Tola Today; Silver Down By Rs. 60

Tue, Nov 5, 2024 11:06 AM on Latest, Economy, National,

The fine gold market has experienced a minor correction, with prices declining by Rs. 2,800 per tola.

As per the latest update from the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), fine gold now stands at Rs. 1,68,200 per tola, down from its previous rate of Rs. 1,71,000 per tola.

Similarly, Tejabi gold has recorded a decrease, priced at Rs. 1,67,500 per tola, a drop of Rs. 2,800 from the prior day’s rate of Rs. 1,70,300 per tola.

This price reduction follows a recent high on October 31, 2024, when fine gold reached an all-time peak of Rs. 1,71,000 per tola.

Meanwhile, silver prices have also fallen by Rs. 60 per tola, now listed at Rs. 2,030 per tola, compared to the previous day’s rate of Rs. 2,090 per tola.