Gold Prices Drop by NPR 100 per Tola in Local Market; Silver Rises by NPR 50
Kathmandu, February 12: The price of gold in the local market has decreased by NPR 100 per tola today. Conversely, the price of silver has increased by NPR 50.
According to the Federation of Nepal Gold and Silver Dealers' Association, the rate for hallmarked gold is set at NPR 306,500 per tola, and the price for one tola of silver is fixed at NPR 5,340 today.
On Wednesday, the rate for hallmarked gold was NPR 306,600 per tola, and the price for one tola of silver was NPR 5,290. Last Tuesday, gold was traded at NPR 305,500 per tola, and silver at NPR 5,240 per tola. Last Monday, one tola of gold was bought and sold for NPR 304,600, and the same quantity of silver for NPR 5,250.
According to international media, one ounce of gold is currently trading at $5,083, and the same amount of silver at $83 in international markets.
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