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Gold, silver prices drop in Nepali market

The FENEGOSIDA said the price adjustment in the domestic market was driven by fluctuations in the international market.
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By REPUBLICA

KATHMANDU, April 29: Gold and silver prices in the Nepali market declined on Wednesday.



According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of hallmark gold fell by Rs 3,000 per tola compared to Tuesday.


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Gold, which was traded at Rs 297,500 per tola on Tuesday, dropped to Rs 294,500 per tola on Wednesday.


Similarly, silver prices also eased. Silver, which was sold at Rs 4,945 per tola on Tuesday, decreased by Rs 30 to Rs 4,915 per tola on Wednesday.


The FENEGOSIDA said the price adjustment in the domestic market was driven by fluctuations in the international market.

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