Gold price falls by Rs 4,800 after record high

Summary

Gold prices in Nepal fell by Rs 4,800 per tola after reaching a record high of Rs 258,000 per tola. Silver prices also dropped by Rs 75 per tola.

Key Points
  • Gold price in Nepal declined sharply by Rs 4,800 per tola on Sunday after several days of steady gains.
  • The fall occurred two days after gold reached an all-time high of Rs 258,000 per tola on Friday.
  • Fine gold is now traded at Rs 253,200 per tola according to the Federation of Nepal Gold and Silver Dealers' Association.
  • Silver prices also dropped by Rs 75 per tola to Rs 3,275 per tola from Rs 3,350 per tola on Friday.
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