Gold price continues to decline in Nepali market, drops by Rs 500 per tola

KATHMANDU: The price of gold in the Nepali market has been continuously declining from its recent peak.

On the third trading day of the week, Tuesday, the price of gold dropped again.

According to the Federation of Nepal Gold and Silver Dealers, the price of gold fell by Rs 500 per tola today, after decreasing by Rs 100 per tola the previous day.

As of today, Chhapawal gold is being traded at Rs 160,000 per tola.

Similarly, the price of silver has also declined. Silver dropped by Rs 15 and is now being traded at Rs 1,925 per tola.