Gold price down by Rs 1200 per tola

KATHMANDU, MAY 16 - Gold price dropped sharply by Rs. 1200, sliding to Rs. 50,000 per tola in the Nepali market on Thursday.

According to the Nepal Gold and Silver Dealers´ Association, the price of the precious yellow metal was traded at Rs. 51,200 per tola on Wednesday.

Likewise, the price of silver has also dropped by Rs.26 per tola making it Rs. 864 today.

Triggered by downturn in the international market, domestic market also saw downfall in the price.

source. ekantipur.com

Jeth 1, 2070 Gold & Silver Price

Hallmark Gold-43,895/-

Tejabii Gold   -43,680/-

Silver              -754/-

(Gold price in Nepali Rupees. Per 10 grams. Source: Nepal Gold & Silver Dealers Association)

Baishakh 30, 2070 Gold & Silver Price

Hallmark Gold-44,240/-

Tejabii Gold   -44,025/-

Silver              -763.50/-

(Gold price in Nepali Rupees. Per 10 grams. Source: Nepal Gold & Silver Dealers Association)