Gold price drops sharply as trading resumes after Tihar

Summary

Gold prices in Nepal dropped sharply by Rs 11,600 per tola as trading resumed after Tihar, with the new rate at Rs 241,900 per tola. Silver prices also fell by Rs 265 per tola to Rs 2,885.

Key Points
  • Gold prices in Nepal fell sharply by Rs 11,600 per tola on the first trading day after Tihar.
  • The new gold price is Rs 241,900 per tola, down from Rs 253,500 on October 20.
  • Silver prices also decreased by Rs 265 per tola to Rs 2,885.
  • The Federation of Nepal Gold and Silver Dealers’ Association reported the price changes.
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