Gold price drops by Rs 1,200 per tola; traded at Rs 152,100 per tola

KATHMANDU: The price of gold has decreased by Rs 1,200 per tola in the local market today. 

According to the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA), fine gold is being traded at Rs 152,100 per tola today, down from Rs 153,000 per tola last Friday. A tola is equivalent to 11.66 grams.

Similarly, the price of silver has fallen by Rs 45 per tola. Silver is being traded at Rs 1,750 per tola today, compared to Rs 1,795 per tola last Friday, as reported by FENEGOSIDA.