Gold price drops by Rs 20,500 per tola

On Thursday, the price of gold increased by Rs 20,000 per tola in a single day.

Magh 16, 2082

Kantipur Reporter

Gold price drops by Rs 20,500 per tola

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The price of gold fell sharply on Friday. The price of gold, which had seen a historic single-day increase on Thursday, fell by the same proportion on Friday.

On Thursday, the price of gold in the Nepali market increased by 20,500 rupees per tola. On Thursday, the price of gold was 339,300 rupees.

On Friday, the price of gold also decreased by 20,500 rupees. On Friday, the price was 318,800 rupees. On Wednesday, the price of gold was the same. 

Similarly, the price of silver also decreased by 440 rupees on Friday to 7,065 rupees per tola. 

For the past few days, the price of gold and the US dollar has been rising every day in the Nepali market. As the market price/exchange rate of gold and the US dollar continues to set new records every day, its direct/indirect impact has been on the purchasing power of the general consumer and the overall economy.

Kantipur

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