Precious metal rates dropped sharply in the local market on Monday. The Federation of Nepal Gold and Silver Dealers’ Association reported that yellow metal values went down by NPR 5,000 per tola compared to the previous day. Gold had been valued at NPR 299,300 per tola on Sunday following a minor decline from Friday. By Monday, the rate dropped further to stand at NPR 294,300 per tola. Silver prices followed a similar downward trajectory on Monday. The metal fell by NPR 145 per tola, moving from NPR 4,655 on Sunday down to NPR 4,510 on Monday, as per official market figures.
Gold price drops by Rs 5,000 per tola in Kathmandu
The cost of silver also decreased on Monday, according to industry figures.
In short
- Gold prices fell by NPR 5,000 per tola on Monday in the domestic market.
- The precious metal dropped to NPR 294,300 per tola after trading at NPR 299,300 on Sunday.
- Silver declined by NPR 145 per tola to reach NPR 4,510 on Monday.
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https://wenepal.com/article/gold-price-drops-by-rs-5-000-per-tola-in-kathmandu-20261001
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