Gold price drops by Rs 500 per tola

KATHMANDU: The price of gold has decreased by Rs 500 per tola in the domestic market on Friday.

A tola is equivalent to 11.66 grammes.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of hallmark gold which was traded at Rs 151,900 per tola on Thursday, has been fixed at Rs 151,400 per tola today.

Similarly, the price of silver has fallen by Rs 15 per tola.

The price of silver is Rs 1,815 per tola today.

It was Rs 1,830 on Thursday.