Gold Price Drops by Rs 11,000 Per Tola in a Single Day

Gold prices dropped sharply by Rs 11,000 per tola on Wednesday.

The Federation of Nepal Gold and Silver Dealers’ Association has fixed the price of gold at Rs 317,600 per tola for the day. On the previous day, gold was traded at Rs 328,600 per tola. The decline in the domestic market follows a drop in prices in the international market.

Earlier, on Magh 15, gold had reached an all-time high of Rs 339,000 per tola.

Similarly, silver prices have also decreased by Rs 275 per tola. Silver, which was traded at Rs 5,815 per tola the previous day, has fallen to Rs 5,540 per tola.