Gold and Silver Prices Plummet in Nepali Market

Jun 11, Kathmandu - Nepal’s precious metal market experienced a significant decline today, with both gold and silver prices dropping notably. According to the Federation of Nepal Gold and Silver, the price of gold per tola decreased by NPR 5,100, bringing the current rate to NPR 286,700.

Yesterday, gold was traded at NPR 291,800 per tola, indicating a sharp decline. The price for 10 grams of gold now stands at NPR 24,580.

Silver also saw a decrease today, with its price falling by NPR 90 per tola to NPR 4,650. Yesterday, silver was traded at NPR 4,740 per tola. The current rate for 10 grams of silver is NPR 3,987.

International market fluctuations continue to influence Nepal’s gold and silver prices, causing regular adjustments in local rates.