Gold price drops by Rs 300 per tola

Published On: November 15, 2021 12:52 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Nov 15: The price of gold has seen a drop of Rs 300 per tola on Monday. 

The price of gold stands at Rs 94,300 per tola after the drop, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Fine gold was traded for Rs 94,600 per tola on Sunday.   

Similarly, standard gold’s price was set at Rs 93,800 on Monday. Its price on Sunday was Rs 94,100. Silver also saw a slight drop in its price as it is being traded for Rs 1,280 today, a drop from Rs 1,295 per tola on Sunday.

The Federation has been fixing the price of gold and silver in Nepal in line with the transaction price of the international market. Gold is being traded at around 1,857 dollar per ounce in the international market today.

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