Gold and Silver Prices Decline After Recent Record Highs

Gold and silver prices retreated on Thursday, easing from the record levels they had reached in recent days.

The Federation of Nepal Gold and Silver Dealers’ Association reported that the price of gold fell by Rs 600 per tola, bringing it down to Rs 267,500. On Wednesday, gold had traded at Rs 268,100 per tola, marking an all-time high.

Similarly, silver prices also slipped slightly. The precious metal decreased by Rs 20 per tola to Rs 4,400, compared to Rs 4,420 per tola recorded a day earlier.