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Gold price drops by Rs 12,600 per tola after Tihar

Gold

Kathmandu, November 13

The price of gold has fallen by Rs 12,600 per tola after the Tihar festival.

The Federation of Nepal Gold and Silver Dealers’ Association adjusted the price on Friday, the first revision since Monday. The adjustment, made in line with international prices, brought the price down by Rs 12,600 per tola in one go.

The federation has set today’s price of gold at Rs 271,700 per tola. On Monday, gold had traded at Rs 284,300 per tola.

The price of silver has also fallen by Rs 155 per tola today. Silver, which stood at Rs 3,855 per tola on Monday, has dropped to Rs 3,700.

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