Gold price drops by Rs 900 per tola

Published On: December 10, 2020 11:44 AM NPT By: Republica  | @RepublicaNepal


KATHMANDU, Dec 10: The price of gold dropped by Rs 900 per tola (11.66 grams) on Thursday.

According to the Federation of Nepal Gold Silver Dealers’ Association (FENEGOSIDA), the precious yellow metal was traded at Rs 92,500 per tola on Thursday. Its price stood at Rs 93,400 on Wednesday.

Similarly, standard gold is being traded at Rs 92,050 per tola on Thursday which was Rs 92,950 on Wednesday. The price of silver, too, dropped by Rs 15 in a single day as its price has been set at Rs 1,200 per tola today, according to FENEGOSIDA.  

The price has seen fluctuation as the news of COVID-19 vaccines has relaxed the investment market in the world.     

 


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