Gold and Silver Prices Fall Sharply After Tihar Holiday

Summary

Gold and silver prices in Nepal fell sharply on the first trading day after the Tihar holiday, with gold down by Rs 11,300 per tola and silver down by Rs 110 per tola. The Federation of Nepal Gold and Silver Dealers said international market fluctuations during the holiday period affected local prices.

Key Points
  • Gold fell by Rs 11,300 per tola to Rs 271,700 on Friday, the first trading day after Tihar.
  • Silver dropped by Rs 110 per tola to Rs 3,700, while 10 grams of gold and silver also declined.
  • The Federation of Nepal Gold and Silver Dealers said international market fluctuations during the holiday period drove the local price changes.
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