Gold price drops by Rs 700 per tola today; priced at Rs 98,000

KATHMANDU: The price of hallmark gold is Rs 98,000 per tola in the domestic market today. The gold price has dropped by Rs 700 per tola. The precious yellow metal was traded at Rs 98,700 per tola on Monday. As per the price fixed by the Federation of Nepal Gold and Silver Dealers’ Association (FeNeGoSiDA), the price of worked gold is being traded at Rs 97,500 per tola today against Rs 98,200 on Monday. Similarly, the price of silver has decreased by Rs 10 per tola today as compared to the previous day and reached Rs 1,275 per tola, according to the Federation. The gold price in the international market is around $1,860.7 per ounce (oz) today. (1 tola is equivalent to 11.66 grams, 1 ounce is equivalent to 28.3495 grams) READ ALSO:

• Gold price goes up by Rs 800; traded at Rs 100,300 today
• Gold price goes up by Rs 600; traded at Rs 102,600 today
• Gold price drops by Rs 3,500 per tola today; priced at Rs 102,000