
Kathmandu, November 1
The price of gold fell by Rs 8,300 per tola in a single day on Sunday.
The Federation of Nepal Gold and Silver Dealers’ Association has fixed the gold price at Rs 272,000 per tola for today. Gold was traded at Rs 280,300 per tola the previous day.
The federation said the sharp fall in the international market has affected prices in Nepal. The record high for gold in the Nepali market was Rs 339,000 per tola, reached on Magh 15 last year.
Silver has also dropped today, by Rs 175 per tola. It was traded at Rs 3,825 per tola the previous day and has fallen to Rs 3,650 today.