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Gold, silver prices drop in Nepali market

The price of gold declined in the local market on Tuesday.
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By REPUBLICA

KATHMANDU, April 28: The price of gold declined in the local market on Tuesday.



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


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On Tuesday, gold is being traded at Rs 297,500 per tola, down from Rs 300,500 per tola for hallmark gold on Monday.


Along with gold, silver prices also declined. Silver, which was traded at Rs 5,045 per tola on Monday, dropped by Rs 100 on Tuesday and is now being traded at Rs 4,945 per tola, the FENEGOSIDA said.

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