Gold price falls by Rs6,500 per tola

Summary

Gold price in Nepal fell by Rs6,500 per tola to Rs275,500 on Monday, continuing a downward trend alongside a decline in silver prices amid global market losses.

Key Points
  • Gold price in Nepal fell by Rs6,500 per tola to Rs275,500 on Monday.
  • The gold price dropped from Rs282,000 on Sunday and Rs294,500 on Friday.
  • Silver price also decreased to Rs4,425 per tola on Monday from Rs4,540 on Sunday.
  • Internationally, gold hit a near four-month low due to a stronger US dollar and changing US Federal Reserve interest rate expectations.
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