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ECONOMY

Gold price declines by Rs 18,800 per tola

According to the Federation of Gold and Silver Dealers' Association, the gold price has declined by Rs 18,800 per tola (11.66 grammes) today as compared to Friday. 
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By REPUBLICA

KATHMANDU, Feb 1: The prices of gold and silver have decreased in the domestic market today.



According to the Federation of Gold and Silver Dealers' Association, the gold price has declined by Rs 18,800 per tola (11.66 grammes) today as compared to Friday. 


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The Federation has set the price of gold at Rs 300,000 per tola today. It was traded at 318,800 per tola on Friday.  


Similarly, the silver price has gone down by Rs 1,565 per tola to reach Rs 5,500. It was traded at Rs 7,065 per tola on Friday.


According to the international media, gold is being traded at 4,865 US dollars per ounce and silver at 85 US dollars per ounce.




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