Gold Prices Plummet in Nepal by Rs 8,800 per Tola

The price of gold in Nepal plummeted by Rs 8,800 per tola on Wednesday, according to the Federation of Nepal Gold and Silver Dealers' Association. The new price for gold is set at Rs 297,300 per tola, down from Rs 306,100 per tola the previous day.

This significant drop in gold prices follows a continuous decline throughout the week. In just four days, the price of gold has fallen by Rs 21,200 per tola. Last Friday, gold was priced at Rs 318,500 per tola.

The price of silver also saw a decrease, falling by Rs 185 per tola on Wednesday and bringing its value down to Rs 4,580 per tola. Over the past three days, silver has declined by Rs 385 per tola.