KATHMANDU: The price of gold, which dropped by Rs 11,000 over four days last week, continued its downward trend today.
According to the Federation of Nepal Gold and Silver Dealers, the price of gold fell by Rs 2,100 per tola today (Sunday) to Rs 260,400.
Gold prices had declined sharply from Monday to Thursday last week before rebounding by Rs 2,900 per tola on Friday, when the price reached Rs 262,500 per tola. However, the price has declined again today.
On Thursday, gold prices had fallen by Rs 1,400 per tola to Rs 259,600. Earlier, the price dropped by Rs 7,900 per tola on Monday and by Rs 600 per tola on Tuesday. Meanwhile, the price of silver also declined by Rs 25 per tola today to Rs 4,500.
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