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Gold price drops by Rs 8,800 in a single day

Gold price drops by Rs 8,800 in a single day

From OnlineKhabar English · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement Ongoing story
  • Nepal’s gold price fell Rs 8,800 per tola on Wednesday to Rs 297,300, according to the Federation of Nepal Gold and Silver Dealers’ Association.
  • Gold has declined Rs 21,200 per tola in four days, while silver fell Rs 185 on Wednesday to Rs 4,580 per tola.

Gold prices in Nepal fell sharply on Wednesday, dropping Rs 8,800 per tola in a single day. The Federation of Nepal Gold and Silver Dealers’ Association set the daily price at Rs 297,300, down from Rs 306,100 on Tuesday.

The fall extended a continuous decline that has cut Rs 21,200 from the price of gold in four days. Gold stood at Rs 318,500 per tola last Friday.

Silver prices also moved lower. The price fell Rs 185 per tola on Wednesday to Rs 4,580, bringing its three-day decline to Rs 385. Silver was priced at Rs 4,965 per tola last Friday.

About this summary

Originally published by OnlineKhabar English. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.