Gold Price Drops Significantly After Dashain Festival
Summary
Gold prices fell sharply in Kathmandu in the first trading session after Dashain, dropping by Rs 11,600 per tola to Rs 278,500. Silver prices also declined, with the Federation of Nepal Gold and Silver Dealers fixing it at Rs 3,955 per tola.
Key Points
- Gold dropped by Rs 11,600 per tola after Dashain to Rs 278,500.
- The price of gold per ten grams was fixed at Rs 238,770, down from Rs 248,715 before Dashain.
- Silver also fell to Rs 3,955 per tola from Rs 4,150 before Dashain.
- The Federation of Nepal Gold and Silver Dealers announced the new rates in Kathmandu.
