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Commodities

Nepal Gold Price Drops by Rs 4600 Per Tola Amid Global Market Fluctuations

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The gold price in Nepal has taken a significant hit, dropping by Rs 4,600 per tola on August 14. The Federation of Nepal Gold and Silver Dealers Association confirmed this decline, which also affects the price of silver. Silver prices have decreased by Rs 90. These changes are reflected in the current market rates.

The current gold rate is at Rs 301,600 per tola, while silver is trading at Rs 4,660 per tola. This is a decrease from the previous day's rates of Rs 306,200 per tola for gold and Rs 4,750 per tola for silver.

It is worth noting that these prices are in line with international market trends, where gold is being traded at $4,326 per ounce and silver at around $65 per ounce on the same day. This information provides a context for understanding the domestic price fluctuations.

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