Business

Gold price slumps to Rs 700 per tola

KathmanduPati November 19, 2020

KATHMANDU – The price of gold has gone down in the domestic market today. The news of the successful test of coronavirus vaccines in the international media has had its impact on the price of gold as well.

In line with the slump in gold price in the international market, the price of the yellow metal has dropped by Rs 700 per tola (11.66 grammes) in the domestic market today.

According to the Federation of Nepal Gold and Silver Dealers Association, hallmark gold was traded at Rs 94 thousand 400 per tola today. Its price was Rs 95 thousand 100 per tola on Wednesday.

Similarly, worked gold was traded at Rs 93 thousand 900 per tola today. Its price was Rs 94 thousand 600 on Wednesday. The price of silver is Rs 1,215 per tola today. It was Rs 1,230 on Wednesday.