Gold price drops Rs 3,200 per tola, silver also cheaper

Gold and silver prices fell in the Nepali market on Friday. According to the Federation of Nepal Gold and Silver Dealers' Associations, the price of gold dropped by Rs 3,200 per tola compared to the previous day.

The federation has fixed the price of hallmark gold at Rs 280,300 per tola for today. Gold prices, which had been rising continuously in recent days, fell on Friday.

The price of silver also dropped by Rs 105 per tola. Silver, which was trading at Rs 3,930 per tola on Thursday, is being traded at Rs 3,825 per tola on Friday.

Friday is the sixth trading day of the week. The federation sets the price of gold and silver on a daily basis.