Gold and Silver Prices Drop on Sunday: Gold Down by Rs 800 and Silver by Rs 30 per Tola

The prices of gold and silver saw a significant decline in Nepal on Sunday. According to the Federation of Nepal Gold and Silver Dealers Association, the price of gold has dropped by Rs 800 per tola, bringing it to Rs 157,100 per tola. Similarly, the price of silver has decreased by Rs 30 per tola, now trading at Rs 1,860 per tola. In recent days, gold and silver prices have been experiencing fluctuations, and today’s drop has drawn the attention of both customers and traders. The Federation suggests that this decline could be attributed to changes in international market trends and reduced local demand. This shift in prices has elicited mixed reactions among jewelry traders and investors.