Price of Gold Declines by Rs. 700 Per Tola Today, Silver Trading at Rs. 1,175

The price of gold has lost Rs. 700 per tola today.

According to the official website of the Federation of Nepal Gold and Silver Dealers' Association, fine gold is being traded today at Rs. 92,800 per tola. Yesterday, the rate was maintained at Rs. 93,500 per tola. Meanwhile, Tejabi gold is being traded at Rs. 92,300 today. In contrast, the rate was maintained yesterday at Rs. 93,000 per tola.

On the sideline, silver has also lost Rs. 10 per tola. The lustrous white metal is being traded in the local market today at Rs. 1,175 per tola, compared to yesterday's closing rate of Rs. 1,185 per tola.

The current price of gold in USD is $1,703.50 per ounce while the silver is trading at $19.31 per ounce in international market.