Price of gold drops by Rs 1,100 on Wednesday

KATHMANDU: The price of gold in the domestic market has dropped by Rs 1,100 per tola on Wednesday.

According to the Federation of Gold and Silver Dealers’ Association, the price of the yellow metal is now being traded at Rs 99,200 per tola.

Earlier on Tuesday, the bullion was traded for Rs 100,300 per tola.

Similarly, the price of tejabi gold is being traded at Rs 98,700 per tola today.

Meanwhile, the price of silver has decreased by Rs 25 per tola and is now being traded at Rs 1,370 per tola.

Earlier it was traded at Rs 1,395 per tola.