KATHMANDU, Nov 10: The price of gold dropped by Rs 3,400 per tola (11.66 grams) in the domestic market on Tuesday.
Hallmark gold is being traded at Rs 94,800 per tola and Tejabi (worked) gold is being traded at Rs 94,300 per tola today, according to the Federation of Nepal Gold and Silver Dealers Association.
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Similarly, the price of Silver has also dropped by Rs 70 as it’s being traded at Rs 1,215 per tola.
The market witnessed a drop in gold and silver prices as Pfizer – a vaccine company – claimed that its COVID-19 vaccine is over 90 percent effective against the virus.
