Gold price down Rs 3,800 as silver loses Rs 170 per tola
Summary
Gold prices in Nepal fell by Rs 3,800 per tola last week to Rs 294,800, while silver dropped by Rs 170 per tola to Rs 4,450. The decline tracked weaker global bullion markets as US Treasury yields climbed to their highest level since 2002.
Key Points
- Gold prices in the domestic market fell by Rs 3,800 per tola last week, according to FENEGOSIDA.
- The market price of gold closed at Rs 294,800 per tola, down from Rs 298,600 the previous week.
- Silver prices also declined by Rs 170 per tola, from Rs 4,620 to Rs 4,450.
- Reuters said gold fell as 10-year US Treasury yields rose to their highest level since 2002.
