Gold price hitting a record high experiences a decline

KATHMANDI: Today, the price of gold in the Nepali market has remained at 119,000 rupees per tola.

Chhapawal gold, which was trading at Rs 119,300 per tola the previous day, fell by Rs 300 per tola today to Rs 119,000.

According to the Federation of Nepal Gold and Silver Traders, the price of Tejabi gold has dropped by 300 rupees per tola to 118,450 rupees today.

The price of gold plummeted after setting a new record for three days in a row. Gold prices made fresh highs on Monday, Tuesday, and Wednesday.

The federation reports that the price of silver has risen by 20 rupees to 1,540 rupees a tola.

Silver was trading at Rs 100,520 per tola the day before.