Gold price drops by Rs 500, Silver declines by Rs 5 per tola

KATHMANDU: The price of gold in the local market has dropped by Rs 500 per tola.

According to the Nepal Gold and Silver Dealers’ Association, the price of gold, which was traded at Rs 161,000 per tola on Sunday, has been set at Rs 160,500 for today.

Similarly, the price of silver has decreased by Rs 5 per tola.

The price of silver, which was traded at Rs 1,985 per tola on Sunday, is set at Rs 1,980 per tola for today.