Gold price falls Rs 5,900 per tola on Dhanteras

Both gold and silver prices fell in the Nepali market on Friday. The price of gold dropped by Rs 5,900 per tola on Dhanteras day, while silver fell by Rs 110 per tola.

According to the Federation of Nepal Gold and Silver Dealers' Associations, hallmark gold is being traded at Rs 283,000 per tola today.

The previous day, Thursday, the price of gold had risen by Rs 13,300 per tola in a single day. The price of gold and silver, which had been rising since Monday, fell today.

There is a tradition of buying gold, silver, copper and other metal ornaments and utensils on Dhanteras, the first day of Tihar. It is on this very day that the price of gold and silver has fallen.