Gold Price Drops by Rs 7,800 in Nepal; Silver Also Declines in the Market

Gold and silver prices have declined significantly in the Nepali market on Friday. According to the Nepal Gold and Silver Dealers Federation, the price of fine gold dropped sharply by Rs 7,800 per tola in a single day and is being traded at Rs 294,500 per tola today. On Thursday, gold was traded at Rs 302,300 per tola, showing that prices have been on a continuous downward trend for the past three days. Similarly, the price of silver has also fallen. Silver is being traded at Rs 4,895 per tola today after declining by Rs 115, while it was traded at Rs 5,010 per tola on Thursday.