Gold price drops by Rs12,500 per tola; silver also declines
Summary
Gold price in Nepal has dropped by Rs12,500 per tola to Rs282,000, while silver price declined by Rs355 to Rs4,540 amid international market volatility.
Key Points
- Gold price in Nepal has declined by Rs12,500 per tola to Rs282,000 from Rs294,500.
- Silver price in Nepal also dropped by Rs355 per tola to Rs4,540 from Rs4,895.
- The price changes reflect volatility in international precious metals markets.
- Global gold prices fell due to a stronger US dollar and expectations of prolonged higher US interest rates, reducing demand.
