Gold price drops by Rs 1,200 per tola today

Kathmandu, September 24: The price of gold has seen gradual drop in the domestic market as the hall mark gold is being traded for Rs 93,100 per tola (11.66 grammes) while worked gold for Rs 92, 600 on Thursday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the market opened with a drop of Rs 1,200 per tola in the gold price. It is stated that the price of the gold is continuously dropping since Monday as the hall marked gold was traded on Rs 97,200 on Monday. Similarly, the price of silver is seen dropped by Rs 70 and has been traded on 1,120 today.