Gold & silver prices drop sharply

KATHMANDU: Gold and silver prices declined significantly in the Nepali market on Wednesday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of gold fell by Rs. 10,100 per tola.

Gold is currently being traded at Rs. 291,800 per tola, down from Rs. 301,900 on Tuesday.

Similarly, silver prices also dropped by Rs. 185 per tola. Silver is now being traded at Rs. 4,740 per tola, compared to Rs. 4,925 per tola on the previous day.