KATHMANDU, Nov 13: Gold prices tumbled by Rs 12,600 per tola in the domestic market on Friday as trading resumed after the Tihar holiday, while silver prices also declined.
According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), gold was priced at Rs 284,300 per tola on Monday. Its price fell to Rs 271,700 per tola on Friday, marking a decline of Rs 12,600.
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Similarly, silver was traded at Rs 3,855 per tola on Monday. Its price dropped by Rs 155 to Rs 3,700 per tola on Friday.
The sharp decline in gold prices came after the market remained closed during the Tihar festival.
