Nepal’s bullion market saw another sharp decline on Sunday, with both gold and silver prices falling significantly compared to previous trading sessions.
ЁЯЯб Gold Drops by Rs 8,200 Per Tola
The price of fine gold fell by Rs 8,200 per tola, bringing the market rate down to Rs 300,800 per tola.
Just days ago, gold had reached record highs, making the recent decline one of the biggest drops seen in recent weeks.
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тЪк Silver Also Records a Sharp Fall
Silver prices followed a similar trend, dropping by Rs 335 per tola.
The precious metal is now being traded at Rs 4,895 per tola after previously crossing the Rs 5,400 mark.
ЁЯУК What This Means for Buyers
The continued price correction may offer some relief to:
- ЁЯТН Jewelry buyers
- ЁЯЫТ Wedding season shoppers
- ЁЯУИ Precious metal investors
Market observers say global trends and changing investor sentiment continue to influence local bullion prices.
For now, both gold and silver remain on a downward path after reaching historic highs earlier this month.
