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Gold gains Rs 800 per tola, silver falls by Rs 25 in domestic market

Gold was priced at Rs 290,200 per tola before Dashain. When the market reopened after the festival on Sunday, the price plunged by Rs 11,700 to Rs 278,500 per tola. Since then, gold prices have been steadily rising.
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By REPUBLICA

KATHMANDU, Oct 27: The price of gold increased while silver declined in the domestic market on Tuesday.



According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), gold was traded at Rs 282,300 per tola on Tuesday, up Rs 800 from Rs 281,500 per tola on Monday.


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Gold and silver prices drop


Gold was priced at Rs 290,200 per tola before Dashain. When the market reopened after the festival on Sunday, the price plunged by Rs 11,700 to Rs 278,500 per tola. Since then, gold prices have been steadily rising.


Meanwhile, the price of silver declined by Rs 25 per tola to Rs 3,970 on Tuesday from Rs 3,995 on Monday, according to FENEGOSIDA.

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