Price of gold fell to Rs 94,000

KATHMANDU: The price of yellow metal (gold) has declined in the Nepali market on the fourth day of weekly trading. Gold, which has been increasing for the past few days, fell by Rs 200 per tola on Wednesday.

According to the Federation of Nepalese Gold and Silver Entrepreneurs, the price of Chhapawal gold in circulation stood at Rs 94,300 per tola on Wednesday after falling by Rs 200 per tola. Similarly, the price of Tejabi gold has remained at Rs 93,800 per tola.

Earlier on Tuesday, the price of gold had risen by Rs 200 per tola. The price of gold was Rs 94,500 per tola on Tuesday. Similarly, the price of Tejabi gold was Rs 94,000 per tola.

The price of Silver also declined by Rs 5 per tola to Rs 1,170 per tola on Wednesday. The price of Silver was Rs 1,175 per tola on Tuesday.