Gold and Silver Prices Decline in Nepal
The prices of both gold and silver dropped in the Nepali market on Monday. According to the Federation of Nepal Gold and Silver Dealers, the price of gold decreased by NPR 2,500 per tola.
With this decline, the price of fine gold has been set at NPR 283,500 per tola. Just a day earlier, on Sunday, the same gold was traded at NPR 286,000 per tola.
Similarly, silver prices also saw a slight decrease. Silver, which was traded at NPR 4,720 per tola on Sunday, has dropped by NPR 20 and is now priced at NPR 4,700 per tola.
Traders say that fluctuations in the international market have influenced the adjustment in local prices.
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