Kathmandu- The price of gold in the Nepali market has declined by Rs 3,000 per tola, according to the Federation of Nepal Gold and Silver Dealers. On Friday, the federation fixed the price of printed gold at Rs 303,500 per tola, down from Rs 306,500 per tola on Thursday.
Gold prices had remained relatively high earlier in the week, trading at Rs 306,600 per tola on Wednesday, Rs 305,500 on Tuesday and Rs 304,400 on Monday. The latest drop reflects a correction in the domestic bullion market following recent fluctuations.
Meanwhile, the price of silver has increased. Silver rose by Rs 50 per tola on Friday, reaching Rs 5,340 per tola. Traders say that movements in the international market and domestic demand continue to influence daily bullion prices in Nepal.
