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ECONOMY

Gold price drops by Rs 700 per tola

KATHMANDU, May 14: The price of gold has decreased by Rs 700 per tola in the domestic market on Tuesday.
By Republica

KATHMANDU, May 14: The price of gold has decreased by Rs 700 per tola in the domestic market on Tuesday.


Fine gold is currently being traded at Rs 137,400 per tola, down from Rs 138,100 per tola on Monday.


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Gold price drops by Rs 700 per tola


Similarly, the price of standard gold has been revised to Rs 136,750 per tola on Tuesday, marking a decrease from Rs 137,450 per tola the previous day.


In contrast, the price of silver has seen an increase of Rs 25 per tola, reaching Rs 1,740 per tola today compared to Rs 1,715 per tola on Monday.


Meanwhile, gold price has also decreased in the international market, with the price of the yellow metal dropping from $2352.55 per ounce on Monday to $2342.97 per ounce on Tuesday.


Silver is currently trading at $28.44 per ounce, up from $28.05 per ounce yesterday.


 

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