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Gold and silver prices drop



KATHMANDU: The prices of gold and silver have declined in the local market today, following a similar trend in the international market.

According to the Federation of Nepal Gold and Silver Dealers Association, gold dropped by Rs 800 per tola, bringing its price to Rs 157,100 per tola, compared to Rs 157,900 on Friday.

Silver also witnessed a significant fall, with its price decreasing by Rs 30 per tola, now standing at Rs 1,860 per tola, down from Rs 1,890 last Friday.

In the international market, the price of gold decreased by USD 16.25 per ounce, currently valued at USD 2,073.2 per ounce.

The fluctuation in prices is attributed to ongoing market trends and changes in global demand and supply.

Publish Date : 19 January 2025 11:38 AM

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