Gold and Silver Prices Drop in Nepali Market

On Friday, May 23 (Jestha 9), the prices of both gold and silver have declined in the Nepali market. According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of hallmark gold has decreased by NPR 1,100 per tola, fixing it at NPR 190,400 per tola. The previous day, gold was traded at NPR 191,500 per tola.

Similarly, the price of silver has also seen a drop of NPR 20 per tola. On Thursday, silver was traded at NPR 2,025 per tola, which has now fallen to NPR 2,005 per tola. The drop in precious metal prices reflects changes in the international market and investor sentiment.