Gold price continues to tumble
Summary
The domestic gold price has fallen to Rs273,900 per tola amid a global decline, while silver prices slightly rose to Rs4,505 per tola despite a weekly drop.
Key Points
- Gold price dropped by Rs1,600 per tola to Rs273,900 on Tuesday in Nepal's domestic market.
- Silver price slightly increased by Rs80 to Rs4,505 per tola but is down Rs830 compared to last week.
- Gold price has fallen Rs36,000 over the week from Rs309,900 to Rs273,900 per tola.
- Global pressures including a stronger US dollar and Fed rate policy expectations influenced the domestic gold price decline.
