Gold and Silver Prices Decline in Nepali Market, Gold Falls by Rs. 2,800 per Tola

Gold and silver prices declined in the Nepali market on Friday, Falgun 29. On this day, the price of gold decreased by Rs. 2,800 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association, hallmark gold is currently being traded at Rs. 314,200 per tola. On Thursday, the price of gold was Rs. 317,000 per tola in the domestic market. The drop in price is believed to be influenced by fluctuations in the international market as well as changes in local demand.Similarly, the price of silver also declined. Silver dropped by Rs. 20 per tola and is currently being traded at Rs. 5,495 per tola. On Thursday, silver was traded at Rs. 5,515 per tola. In recent days, both gold and silver prices in Nepal have been showing regular fluctuations following trends in the global market.