Gold Prices Plummet in Nepal's Market by Rs 3,800 per Tola

The price of gold in Nepal's market has dropped by Rs 3,800 per tola on Tuesday. The precious metal is now trading at Rs 290,500 per tola.

This development follows a slight increase in gold prices yesterday when the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA) reported that it was traded at Rs 294,300 per tola on Monday.

According to FENEGOSIDA, the price of silver has also declined by Rs 115 per tola to Rs 4,395 per tola. The drop in gold prices marks a significant change from the recent trend where gold prices have been increasing steadily.