Gold price drops Rs 2,200 per tola, down Rs 4,300 in two days

Gold prices in the Nepali market fell by Rs 2,200 per tola on Tuesday. According to the Federation of Nepal Gold and Silver Dealers' Associations, hallmark gold is trading at Rs 292,200 per tola today.

This is the second consecutive day of decline in gold prices. The previous day, Monday, gold had fallen by Rs 2,100 per tola. With this, the price of gold has dropped by a total of Rs 4,300 per tola over two days.

According to the federation, the price of silver also fell on Tuesday alongside gold. The federation said silver prices dropped by Rs 60 today.

The Federation of Nepal Gold and Silver Dealers' Associations sets the price of gold and silver for the local market every day. Compared to Monday, the prices of both gold and silver have fallen on Tuesday.